Put down the banks, and if this country could not be carried through the longest war against her most powerful enemy without ever knowing the want of a dollar, without dependence on the traitorous classes of her citizens, without bearing hard on the resources of the people, or loading the public with an indefinite burden of debt, I know nothing of my countrymen. Not by any novel project, not by any charlatanerie, but by ordinary and well-experienced means; by the total prohibition of all private paper at all times, by reasonable taxes in war aided by the necessary emissions of public paper of circulating size, this bottomed on special taxes, redeemable annually as this special tax comes in, and finally within a moderate period.
Thomas JeffersonRelated topics
bearing burden carry comes country debt dependence dollar enemy hard indefinite knowing loading moderate necessary nothing novel ordinary paper people period private prohibition project public reasonable redeemable size special tax times total war means banks charlatanerieRelated quotes
The very name of my subject, economics, suggests economizing or maximizing. But Political Economy has gone a long way beyond home economics. Indeed, it is only in the last third of the century, within my own lifetime as a scholar, that economic theory has had many pretensions to being itself useful to the practical businessman or bureaucrat. I seem to recall that a great economist of the last generation, A. C. Pigou of Cambridge University, once asked the rhetorical question, "Who would ever think of employing an economist to run a brewery?” Well, today, under the guise of operational research and managerial economics, the fanciest of our economic tools are being utilized in enterprises both public and private.
Paul Samuelson
To be creative, scientists need libraries and laboratories and the company of other scientists; certainly a quiet and untroubled life is a help. A scientist's work is in no way deepened or made more cogent by privation, anxiety, distress, or emotional harassment. To be sure, the private lives of scientists may be strangely and even comically mixed up, but not in ways that have any special bearing on the nature and quality of their work. If a scientist were to cut off an ear, no one would interpret such an action as evidence of an unhappy torment of creativity; nor will a scientist be excused any bizarrerie, however extravagant, on the grounds that he is a scientist, however brilliant.
Peter Medawar
In the United States a man builds a house to spend his latter years in it and he sells it before the roof is on. He plants a garden and lets it just as the trees are coming into bearing. He brings a field into tillage and leaves other men to gather the crops. He embraces a profession and gives it up. He settles in a place which he soon afterward leaves to carry his changeable longings elsewhere. If his private affairs leave him any leisure he instantly plunges into the vortex of politics and if at the end of a year of unremitting labour he finds he has a few days' vacation, his eager curiosity whirls him over the vast extent of the United States, and he will travel fifteen hundred miles in a few days to shake off his happiness.
Alexis de Tocqueville
Property is held and transferred on terms fixed by the States. In short, the structure of social and business relationship is built chiefly about the laws of the States. It depends upon the exercise by the States of that vastly greater share of Government power which resides in them, to the exclusion cf the Federal Government. In ordinary times nearly the entire burden of taxation represents State and local demands. Even now, despite the enormous increase of Federal taxes from pre-war years, State and local taxes far exceed the Federal requirements. Moreover, the national burden is being continually reduced, while that of the local units is growing and likely to continue to grow.
Calvin Coolidge
The idea that voting is pointless, democracy a façade, and that no one is representing ordinary people is more resonant than ever as I leave my ordinary town behind. Amidst the guilt and anger I feel in the back of the Führer-mobile, there is hope. Whilst it's clear that on an individual, communal, and global level that radical change is necessary, I feel a powerful, transcendent optimism. I know change is possible, I know there is an alternative, because I live a completely different life to the one I was born with. I also know that the solution is not fame or money or any transient adornment of the individual. The only Revolution that can really change the world is the one in your own consciousness, and mine has already begun.
Russell Brand
