Great Throughts Treasury

This site is dedicated to the memory of Dr. Alan William Smolowe who gave birth to the creation of this database.

Money

"Those three things - autonomy, complexity and a connection between effort and reward - are, most people agree, the three qualities that work has to have if it is to be satisfying. It is not how much money we make that ultimately makes us happy between nine and five. It's whether our work fulfills us." - Malcolm Gladwell

"All wars are sacred,to those who have to fight them. If the people who started wars didn’t make them sacred, who would be foolish enough to fight? But, no matter what rallying cries the orators give to the idiots who fight, no matter what noble purposes they assign to wars, there is never but one reason for a war. And that is money. All wars are in reality money squabbles. But so few people ever realize it. Their ears are too full of bugles and drums and the fine words from stay-at-home orators. Sometimes the rallying cry is ’save the Tomb of Christ from the Heathen!’ Sometimes it’s ’down with Popery!’ and sometimes ‘Liberty!’ and sometimes ‘Cotton, Slavery and States’ Rights!" - Margaret Mitchell, fully Margaret Munnerlyn Mitchell

"If you as parents cut corners, your children will too. If you lie, they will too. If you spend all your money on yourselves and tithe no portion of it for charities, colleges, churches, synagogues, and civic causes, your children won't either. And if parents snicker at racial and gender jokes, another generation will pass on the poison adults still have not had the courage to snuff out." - Marian Wright Edelman

"We are willing to spend the least amount of money to keep a kid at home, more to put him in a foster home and the most to institutionalize him." - Marian Wright Edelman

"The old notion that children are the private property of parents dies very slowly. In reality, no parent raises a child alone. How many of us nice middle-class folk could make it without our mortgage reduction? That's a government subsidy of families, yet we resent putting money directly into public housing. We take our deduction for dependent care yet resent putting money directly into child care. Common sense and necessity are beginning to erode old notions of the private invasion of family life, because so many families are in trouble. " - Marian Wright Edelman

"Never work just for money or for power. They won't save your soul or help you sleep at night." - Marian Wright Edelman

"The man with the briefcase can steal more money than the man with the gun." - Mario Puzo, fully Mario Gianluigi Puzo

"We have the best government that money can buy." - Mark Twain, pen name of Samuel Langhorne Clemens

"Money, amazingly, is losing its power... Our economy is rapidly changing from a money economy to a satisfaction economy." - Martin Seligman, Martin E. P. "Marty" Seligman

"A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual doom." - Martin Luther King, Jr.

"The poor man is a kind of money that is not current; the subject of every idle housewife's chat; the off-scum of the people; the dust of the street, first trampled under foot and then thrown on the dunghill; in conclusion, the poor man is the rich man's ass." - Mateo Alemán, fully Mateo Alemán y de Enero

"You can only become truly accomplished at something you love. Don’t make money your goal. Instead pursue the things you love doing and then do them so well that people can’t take their eyes off of you." - Maya Angelou, born Marguerite Annie Johnson

"Permit me to issue and control the money of a nation, and I care not who makes its laws." - Mayer Rothschild, fully Mayer Amschel Bauer Rothschild

"Give me control of a nation's money and I care not who makes the laws." - Mayer Rothschild, fully Mayer Amschel Bauer Rothschild

"Give me the power of the money and it will not matter any more who is commanding." - Mayer Rothschild, fully Mayer Amschel Bauer Rothschild

"Forgiveness is the best charity. (It is easy to give the poor money and goods when one has plenty, but to forgive is hard; but it is the best thing if one can do it.)" - Meher Baba, born Merwan Sheriar Irani

"Instead of a bottom-line based on money and power, we need a new bottom-line that defines productivity and creativity as where corporations, governments, schools, public institutions, and social practices are judged as efficient, rational and productive not only to the extent they maximize money and power, but to the extent they maximize love and caring, ethical and ecological sensitivity, and our capacities to respond with awe and wonder at the grandeur of creation." - Michael Lerner

"If one looks into the genealogies of many 'old families,' one discovers episodes of slave trafficking, bootlegging, gun running, opium trading, falsified land claims, violent acquisition of water and mineral rights, the extermination of indigenous peoples, sales of shoddy and unsafe goods, public funds used for private speculations, crooked deals in government bonds and vouchers, and payoffs for political favors. One finds fortunes built on slave labor, indentured labor, prison labor, immigrant labor, female labor, child labor, and scab labor -- backed by the lethal force of gun thugs and militia. 'Old money' is often little more than dirty money laundered by several generations of possession." - Michael Parenti

"In societies that worship money and success, the losers become objects of scorn. Those who work the hardest for the least are called lazy. Those forced to live in substandard housing are thought to be the authors of substandard lives. Those who do not finish high school or cannot afford to go to college are considered deficient or inept." - Michael Parenti

"Candidates who win while spending less than their opponents still usually have to spend quite a lot. While not a surefire guarantor of victory, a large war chest—-even if not the largest--is usually a necessary condition. Money may not guarantee victory, but the lack of it usually guarantees defeat. Without large sums, there is rarely much of a campaign, as poorly funded 'minor' candidates have repeatedly discovered." - Michael Parenti

"A nation as such does not give aid to another nation. More precisely, the common citizens of our country, through their taxes, give to the privileged elites of another country. As someone once said: foreign aid is when the poor people of a rich country give money to the rich people of a poor country." - Michael Parenti

"After 9/11, charities like the Red Cross — which was subjected to a congressional inquisition — got a lot of criticism for collecting money on behalf of victims and using that as a cushion for the next catastrophe" - Michael Solomon

"Nobody distributes all money to other, but each of us distributes our time and life. And it doesn’t exist anything that we don’t distribute more wastefully and in this case stinginess could be more useful and more laudable." - Michel de Montaigne, fully Lord Michel Eyquem de Montaigne

"'Your money or your life.' We know what to do when a burglar makes this demand of us, but not when God does." - Mignon McLaughlin

"Success isn't measured by money or power or social rank. Success is measured by your discipline and inner peace." - Mike Ditka, fully Michael Keller Ditka, Jr., aka "Iron" Mike Ditka

"Success is about having, excellence is about being. Success is about having money and fame, but excellence is being the best you can be." - Mike Ditka, fully Michael Keller Ditka, Jr., aka "Iron" Mike Ditka

"So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not." - Milton Friedman, fully John Milton Friedman

"Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property." - Milton Friedman, fully John Milton Friedman

"When a man spends his own money to buy something for himself, he is very careful about how much he spends and how he spends it. When a man spends his own money to buy something for someone else, he is still very careful about how much he spends, but somewhat less what he spends it on. When a man spends someone else's money to buy something for himself, he is very careful about what he buys, but doesn't care at all how much he spends. And when a man spends someone else's money on someone else, he doesn't care how much he spends or what he spends it on. And that's government for you." - Milton Friedman, fully John Milton Friedman

"Many people complain about government waste, but I welcome it…for two reasons. In the first place, efficiency is not a desirable thing if somebody is doing a bad thing.…Government is doing things that we don’t want it to do; so the more money it wastes, the better. In the second place, waste brings home to the public at large the fact that government is not an efficient and effective instrument for achieving its objectives. One of the great causes for hope is a growing disillusionment…with the idea that government is the all-wise, all-powerful big brother who can solve every problem that comes along." - Milton Friedman, fully John Milton Friedman

"The question is, how do you make money in a free market? You only make money if you can provide someone with something he or she is willing to pay for. You can't make money any other way. Therefore, in order to make money, you have to promote cooperation. You have to do something that your customer wants you to do. You don't do it because he orders you to. You don't do it because he threatens to hit you over the head if you don't. You do it because you offer him a better deal than he can get anywhere else. Now that's promoting cooperation. But there are other people who are trying to sell to him, too. They're your competitors. So there is competition among sellers, but cooperation between sellers and buyers." - Milton Friedman, fully John Milton Friedman

"There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you're doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I'm not so careful about the content of the present, but I'm very careful about the cost. Then, I can spend somebody else's money on myself. And if I spend somebody else's money on myself, then I'm sure going to have a good lunch! Finally, I can spend somebody else's money on somebody else. And if I spend somebody else's money on somebody else, I'm not concerned about how much it is, and I'm not concerned about what I get. And that's government. And that's close to 40% of our national income." - Milton Friedman, fully John Milton Friedman

"The stock of money, prices and output was decidedly more unstable after the establishment of the Reserve System than before. The most dramatic period of instability in output was, of course, the period between the two wars, which includes the severe (monetary) contractions of 1920-1, 1929-33, and 1937-8. No other 20 year period in American history contains as many as three such severe contractions. This evidence persuades me that at least a third of the price rise during and just after World War I is attributable to the establishment of the Federal Reserve System and that the severity of each of the major contractions—1920-1, 1929-33 and 1937-8 is directly attributable to acts of commission and omission by the Reserve authorities. Any system which gives so much power and so much discretion to a few men, so that mistakes—excusable or not—can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic—this is the key political argument against an independent central bank. To paraphrase Clemenceau, money is much too serious a matter to be left to the central bankers." - Milton Friedman, fully John Milton Friedman

"The Federal Reserve definitely caused the Great Depression by contracting the amount of money in circulation by one-third from 1929 to 1933." - Milton Friedman, fully John Milton Friedman

"The proper role of government is exactly what John Stuart Mill said in the middle of the 19th century in On Liberty. The proper role of government is to prevent other people from harming an individual. Government, he said, never has any right to interfere with an individual for that individual's own good. The case for prohibiting drugs is exactly as strong and as weak as the case for prohibiting people from overeating. We all know that overeating causes more deaths than drugs do. If it's in principle OK for the government to say you must not consume drugs because they'll do you harm, why isn't it all right to say you must not eat too much because you'll do harm? Why isn't it all right to say you must not try to go in for skydiving because you're likely to die? Why isn't it all right to say, "Oh, skiing, that's no good, that's a very dangerous sport, you'll hurt yourself"? Where do you draw the line? It does harm a great many other people, but primarily because it's prohibited. There are an enormous number of innocent victims now. You've got the people whose purses are stolen, who are bashed over the head by people trying to get enough money for their next fix. You've got the people killed in the random drug wars. You've got the corruption of the legal establishment. You've got the innocent victims who are taxpayers who have to pay for more and more prisons, and more and more prisoners, and more and more police. You've got the rest of us who don't get decent law enforcement because all the law enforcement officials are busy trying to do the impossible. And, last, but not least, you've got the people of Colombia and Peru and so on. What business do we have destroying and leading to the killing of thousands of people in Colombia because we cannot enforce our own laws? If we could enforce our laws against drugs, there would be no market for these drugs." - Milton Friedman, fully John Milton Friedman

"So long as large sums of money are involved—and they are bound to be if drugs are illegal—it is literally impossible to stop the traffic, or even to make a serious reduction in its scope." - Milton Friedman, fully John Milton Friedman

"We've got a sort of brainwashing going on in our country, Morrie sighed. Do you know how they brainwash people? They repeat something over and over. And that's what we do in this country. Owning things is good. More money is good. More property is good. More commercialism is good. More is good. More is good. We repeat it--and have it repeated to us--over and over until nobody bothers to even think otherwise. The average person is so fogged up by all of this, he has no perspective on what's really important anymore. Wherever I went in my life, I met people wanting to gobble up something new. Gobble up a new car. Gobble up a new piece of property. Gobble up the latest toy. And then they wanted to tell you about it. 'Guess what I got? Guess what I got?' You know how I interpreted that? These were people so hungry for love that they were accepting substitutes. They were embracing material things and expecting a sort of hug back. But it never works. You can't substitute material things for love or for gentleness or for tenderness or for a sense of comradeship. Money is not a substitute for tenderness, and power is not a substitute for tenderness. I can tell you, as I'm sitting here dying, when you most need it, neither money nor power will give you the feeling you're looking for, no matter how much of them you have." - Mitch Albom, fully Mitchell David "Mitch" Albom

"Let us not be satisfied with just giving money. Money is not enough, money can be got, but they need your hearts to love them. So, spread your love everywhere you go." - Mother Teresa, born Agnes Gonxha Bojaxhiu NULL

"This is the legend of Cassius Clay, The most beautiful fighter in the world today. He talks a great deal, and brags indeed-y, of a muscular punch that's incredibly speed-y. The fistic world was dull and weary, But with a champ like Liston, things had to be dreary. Then someone with color and someone with dash, Brought fight fans are runnin' with Cash. This brash young boxer is something to see And the heavyweight championship is his des-tin-y. This kid fights great; he’s got speed and endurance, But if you sign to fight him, increase your insurance. This kid's got a left; this kid's got a right, If he hit you once, you're asleep for the night. And as you lie on the floor while the ref counts ten, You’ll pray that you won’t have to fight me again. For I am the man this poem’s about, The next champ of the world, there isn’t a doubt. This I predict and I know the score, I’ll be champ of the world in ’64. When I say three, they’ll go in the third, 10 months ago So don’t bet against me, I’m a man of my word. He is the greatest! Yes! I am the man this poem’s about, I’ll be champ of the world, there isn’t a doubt. Here I predict Mr. Liston’s dismemberment, I’ll hit him so hard; he’ll wonder where October and November went. When I say two, there’s never a third, Standin against me is completely absurd. When Cassius says a mouse can outrun a horse, Don’t ask how; put your money where your mouse is! I AM THE GREATEST!" - Muhammad Ali, born Cassius Marcellus Clay, Jr.

"If you want to humble an empire it makes sense to maim its cathedrals. They are symbols of its faith, and when they crumple and burn, it tells us we are not so powerful and we can't be safe. The Twin Towers of the World Trade Center, planted at the base of Manhattan island with the Statue of Liberty as their sentry, and the Pentagon, a squat, concrete fort on the banks of the Potomac, are the sanctuaries of money and power that our enemies may imagine define us. But that assumes our faith rests on what we can buy and build, and that has never been America's true God." - Nancy Gibbs

"The hand that gives is among the hand that takes. Money has no fatherland, financiers are without patriotism and without decency, their sole object is gain." - Napoleon Bonaparte, Napoleon I

"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain." - Napoleon Bonaparte, Napoleon I

"Preoccupation with money is the great test of small natures, but only a small test of great ones." - Nicolas Chamfort,fully Sébastien-Roch Nicolas De Chamfort, also spelled Nicholas

"Foolish, ignorant and vicious persons go to books for their thoughts and judgments, and for all their elevated and noble sentiments, just as a rich woman goes with her money to a draper." - Nicolas Chamfort,fully Sébastien-Roch Nicolas De Chamfort, also spelled Nicholas

"Mind you learn your lessons, Pavlusha, don't play the fool and don't get into scrapes, but spare no pain to please your teachers and superiors. So long as you please your superiors it does not matter if you are no good at learning and God has not endowed you with talent: you will still go far and outstrip the others. Do not keep company with your schoolfellows; they will teach you no good; but if you must, then choose those that are richer so that when the occasion arises they may be useful to you. Do not open your purse too freely to others, but rather conduct yourself in such a manner that others will open their freely to you, and, most important, husband your money and save every copeck: of all things in the world, money is the most dependable. A playmate or friend will lead you a merry dance and will be the first to betray you in times of trouble, but a copeck will never betray you, whatever trouble you might be in. With that copeck you can do everything and achieve everything in this world." - Nikolai Gogol, fully Nikolai Vasilievich Gogol or Nikolay Vasilyevich Gogol

"Money does not represent such a value as men have placed upon it. All my money has been invested into experiments with which I have made new discoveries enabling mankind to have a little easier life." - Nikola Tesla

"That is the trouble with many inventors; they lack patience. They lack the willingness to work a thing out slowly and clearly and sharply in their mind, so that they can actually 'feel it work.' They want to try their first idea right off; and the result is they use up lots of money and lots of good material, only to find eventually that they are working in the wrong direction. We all make mistakes, and it is better to make them before we begin." - Nikola Tesla

"The first thing about livelihood is: it should be based on needs, not on desires. Then a very small quantity of things is enough. Secondly: it should not be violent. You should not do something just because you can get some money out of it. You can kill somebody and get some money, you can be a butcher and you can make your livelihood, but that is inhuman… and very unconscious. Better ways are possible. One should be creative in one’s livelihood, one should not be destructive." - Osho, born Chandra Mohan Jain, also known as Acharya Rajneesh and Bhagwan Shree Rajneesh NULL