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Periods Quotes

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Periods Quotes

“I'm fascinated by the period that goes from the Industrial Revolution to right after World War II. There's something about that period that's epic and tragic. There's a point after the industrial period where it seems like humanity's finally going to make it right. There were advances in medicine and technology and education. People are going to be able to live longer lives; literacy is starting to spread. It seemed like finally, after centuries of toiling and misery, that humanity was going to get to a better stage. And then what happens is precisely the contrary. Humanity betrays itself.”

“The use of the word royalty, as fee to a proprietor for the exploitation of a work or property, derives from the period when the sovereign assumed title to all wealth of the realm. It was the struggle for freedom from these encroachments of the state that chiefly marked the Nineteenth Century, and established everywhere constitutional regimes of limited authority. In the Twentieth Century, however, we have witnessed a gradual and almost unrestricted movement back to state authoritarianism, primarily in the economic sphere, accompanied by the spread of state monopoly and intervention.”

“I want you to say to me right from the start, "We are here to serve customers. We're not here for me to make a lot of money. We're not here to bet on interest rates or credit spreads. We are here to serve our customers really well over a long period of time, and that's how you build a successful business." And so I want to see that, too, you know?”