Eleemosynary Quotes

IN a free‐enterprise, private‐property system, a corporate executive is an employe of the owners of the business. He has direct responsibility to his employers. That responsibility is to conduct the business in accordance with their desires, which generally will be to make as much money as possible while conforming to the basic rules of the society, both those embodied in law and those embodied in ethical custom. Of course, in some cases his employers may have a different objective. A group of persons might establish a corporation for an eleemosynary purpose-for example, a hospital or school. The manager of such a corporation will not have money profit as his objective but the rendering of certain services. In either case, the key point is that, in his capacity as a corporate executive, the manager is the agent of the individuals who own the corporation or establish the eleemosynary institution, and his primary responsibility is to them. (Milton Friedman)

Fellows of colleges in the universities are in one sense the recipients of alms, because they receive funds which originally were of an eleemosynary character.

John Coleridge, 1st Baron Coleridge

The New Deal has enormously increased the sense of awareness; it has contributed radically to the breakdown of confidence in the forms and procedures of yesterday. But it has offered us no comprehensible picture of a future in which we can believe. We cannot believe that this vague eleemosynary humanitarianism, coupled with ruthless aggrandizement by politicians, is a picture of a new heaven and a new earth.

Dorothy Thompson

Very old money was behind the Crow's Nest. And enough of it that its Owners didn't mind losing some every month to keep the place going. It was a kind of eleemosynary institution, created to serve not culture and not dukh, but a thing called the Purpose. And if Ty kept working there for another few decades, perhaps one of the Owners would sit him down one day in the Bolt Hole and deign to tell him what exactly the Purpose was.

Neal Stephenson

Very old money was behind the Crow's Nest. And enough of it that its Owners didn't mind losing some every month to keep the place going. It was a kind of eleemosynary institution, created to serve not culture and not dukh, but a thing called the Purpose.

Neal Stephenson