In the midst of life we are in debt.

In the midst of life we are in debt.

Money is something you got to make in case you don't die.

Money is something you got to make in case you don't die.

The rich adopt novelties and become accustomed to their use. This sets a fashion which others imitate. Once the richer read more

The rich adopt novelties and become accustomed to their use. This sets a fashion which others imitate. Once the richer classes have adopted a certain way of living, producers have an incentive to improve the methods of manufacture so that soon it is possible for the poorer classes to follow suit. Thus luxury furthers progress. Innovation "is the whim of an elite before it becomes a need of the public. The luxury today is the necessity of tomorrow." Luxury is the roadmaker of progress: it develops latent needs and makes people discontented. In so far as they think consistently, moralists who condemn luxury must recommend the comparatively desireless existence of the wild life roaming in the woods as the ultimate ideal of civilized life.

The principles applied in economic processes are general social principles.

The principles applied in economic processes are general social principles.

The promise of yesterday are the taxes of today.

The promise of yesterday are the taxes of today.

Wealth maketh many friends. [Proverbs 19:4].

Wealth maketh many friends. [Proverbs 19:4].

You can't run a business without taking risks.

You can't run a business without taking risks.

If your desires be endless, your cares and fears will be so too.

If your desires be endless, your cares and fears will be so too.

He that is rich is wise.

He that is rich is wise.