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Philosophy Quotes

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Philosophy Quotes

“There is a saying that no man has tasted the full flavour of life until he has known poverty, love and war. The justness of this reflection commends it to the lover of condensed philosophy. The three conditions embrace about all there is in life worth knowing. A surface thinker might deem that wealth should be added to the list. Not so. When a poor man finds a long-hidden quarter-dollar that has slipped through a rip into his vest lining, he sounds the pleasure of life with a deeper plummet than any millionaire can hope to cast.”

“Under the old social philosophy which had governed the Middle Ages, temporal, and therefore all economic, activities were referred to an eternal standard. The production of wealth, it distribution and exchange were regulated with a view to securing the Christian life of Christian men. In two points especially was this felt: First in securing the independence of the family, which can only be done by the wide distribution of property, in others words the prevention of the growth of a proletariat; secondly, in the close connection between wealth and public function.”

“Scientific wealth tends to accumulate according to the law of compound interest. Every addition to knowledge of the properties of matter supplies the physical scientist with new instrumental means for discovering and interpreting phenomena of nature, which in their turn afford foundations of fresh generalisations, bringing gains of permanent value into the great storehouse of natural philosophy.”

“The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.”