Funds Quotes - page 5
The growing extravagance of the people, and the increasing demand for the article of forage in this quarter, have become a very alarming affair. Hay is from sixty to eighty dollars a ton, and upon the rise.* Corn is ten dollars a bushel, and oats four; and every thing else, that will answer for forage, in that proportion. Carting is nine shillings a mile by the ton, and people much dissatisfied with the price. I have represented to the States of Rhode Island and Connecticut the absolute necessity of legislative interposition, to settle the prices of things upon some reasonable footing, of all such articles and services as are necessary for the use of the public in my department. I am going to do the same to the Council of this State. What effect it will have, I cannot say; but, if there is not something done to check the extravagance of the people, there are no funds in the universe that will equal the expense.
Nathanael Greene
In the yearly days those nouvo riches were too busy. As they finally got their moneys grabbed, they started to look round and discovered emptiness, vacuum inside... It so happened that the whole new generation grew up with this feeling of emptiness. When, say, falling in love, such a person simply doesn't know - how to experience an emotion. And then this question of Life's reason arises. People don't think about it until one day something happens. Then all of a sudden they find that their life is not particularly interesting. First they get bored, then get frightened. Because its frightening for one, after having got everything - houses, cars, stocks and funds, - to discover they haven't a ground to stand on.
Nina Shatskaya
More than 99% of my wealth will go to philanthropy during my lifetime or at death. Measured by dollars, this commitment is large. In a comparative sense, though, many individuals give more to others every day.
Millions of people who regularly contribute to churches, schools, and other organizations thereby relinquish the use of funds that would otherwise benefit their own families. The dollars these people drop into a collection plate or give to United Way mean forgone movies, dinners out, or other personal pleasures. In contrast, my family and I will give up nothing we need or want by fulfilling this 99% pledge.
Moreover, this pledge does not leave me contributing the most precious asset, which is time. Many people, including - I'm proud to say - my three children, give extensively of their own time and talents to help others. Gifts of this kind often prove far more valuable than money.
Warren Buffett
Clearly the present organization of the scientific community, cutting across the lines of nation states, bureaus, and almost all previously existing institutions, cannot be the result of conscious planning. There is, today, a good deal of organizational planning, but all of the instrumentalities which engage in this activity were founded after the development of science was well under way. Further, most of these organizations are parochial in nature, concerning themselves with only some special part of the scientific community like mathematical biophysics or Russian science. There is no general institution which has shaped or now can shape the development of science, only a mass of institutions which provide little more than liaison (and sometimes funds) for the scientific "producers.”.
Gordon Tullock