Popular quotes about Capital! Wisdom and inspiration are here! | page 78
Remember that accumulated knowledge, like accumulated capital, increases at compound interest: but it differs from the accumulation of capital in this; that the increase of knowledge produces a more rapid rate of progress, whilst the accumulation of capital leads to a lower rate of interest. Capital thus checks it own accumulation: knowledge thus accelerates its own advance. Each generation, therefore, to deserve comparison with its predecessor, is bound to add much more largely to the common stock than that which it immediately succeeds.
Charles BabbageThere are but three political-economic roads from which we can choose... We could take the first course and further exacerbate the already concentrated ownership of productive capital in the American economy. Or we could join the rest of the world by taking the second path, that of nationalization. Or we can take the third road, establishing policies to diffuse capital ownership broadly, so that many individuals, particularly workers, can participate as owners of industrial capital. The choice is ours.
Russell B. LongI don't believe in capital per se or a priori but I do occasionally believe in personal capital vis-a- vis psychic energy exchange. I use the word "capital" only poetically.
Kool A.D.I admit that one should never underestimate the capacity of banks to destroy enormous amounts of accumulated capital and reduce, temporarily, the supply. After all, capital is the accumulated savings of mankind. And banks are great masters in destroying enormous amounts of capital with great regularity.
Arie de GeusAt the worst possible moment, when your fund is down because cheap things have gotten cheaper, you need to have capital, to have clients who will actually love the phone call and-most of the time, if not all the time-add, rather than subtract, capital.
Seth KlarmanThe history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business and invest it in tax-exempt securities or to find other lawful methods of avoiding the realization of taxable income. The result is that the sources of taxation are drying up; wealth is failing to carry its share of the tax burden; and capital is being diverted into channels which yield neither revenue to the Government nor profit to the people.
Andrew MellonHistory does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government.
Ludwig von MisesThe very large units of production and exchange have access to credit on a large scale, sometimes without any cover at all, merely upon the prospect of their success, and always upon terms far easier than are open to their smaller rivals. It is perhaps on this line of easier credit that large capital today does most harm to small capital, drives it out and ruins it.
Hilaire BellocWe want to change the identity of Delhi from Generator Capital to Power Generation Capital.
Narendra ModiToday, financial capital is no longer the key asset. It is human capital. Success is no longer about economic competence as the main leverage. It is about emotional intelligence. It is no longer about controls. It is about collaboration. It is no longer about hierarchies. It is about leading through networks. It is no longer about aligning people through structures and spreadsheets. It is about aligning them through meaning and purpose. It is no longer about developing followers. It is about developing leaders.
Darren HardyCapital market liberalization includes freeing up deposit and lending rates, opening up the market to foreign banks, and removing restrictions on capital account transactions and bank lending. The focus is on deregulation, not on finding the right regulatory structure.
Joseph StiglitzCapital is a result of labor, and is used by labor to assist it in further production. Labor is the active and initial force, and labor is therefore the employer of capital.
Henry GeorgeIn general it may be said that demand is quite as necessary to the increase of capital as the increase of capital is to demand.
Thomas MalthusYou know, capital isnt patriotic. Capital goes to where it needs to go to get a return.
Steve StiversMarket leadership can translate directly to higher revenue, higher profitability, greater capital velocity and correspondingly stronger returns on invested capital.
Jeff BezosThose subject to capital punishment are real human beings, with their own backgrounds and narratives. By contrast, those whose lives are or might be saved by virtue of capital punishment are mere 'statistical people.' They are both nameless and faceless, and their deaths are far less likely to be considered in moral deliberations.
Cass SunsteinCompanies are returning a lot of money to shareholders through dividends and buybacks. And a lot of people say that's not a good use of capital. I think that's normal reallocation of capital.
Jamie DimonAn individual or a group of individuals might of course decide at any time that they would like to invest capital with the objective of acquiring still more capital. But, before a certain moment in historical time, it had never been easy for such individuals to do this successfully.
Immanuel WallersteinThe invectives against capital in the hands of those who have it are double-faced, and when turned about are nothing but demands for capital in the hands of those who have it not, in order that they may do with it just what those who have it now are doing with it.
William Graham SumnerIt's a tract against capital punishment in the genre of Swift's Modest Proposal. I was simply following a formula to its logical conclusion. Some people appear to have understood it. The publication of Naked Lunch in England practically coincided with their abolition of capital punishment. The book obviously had a certain effect.
William S. BurroughsDo the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?
Ludwig von MisesIntellectual capital is the main determining factor and the base for economic and social development to any country.
Talal Abu-GhazalehKing Croesus, watching Persian soldiers sack [his capital city], is supposed to have asked the Persian King Cyrus, 'What is it that all those men of yours are so intent upon doing?' 'They are plundering your city and carrying off your treasures,' Cyrus replied. 'Not my city or my treasures,' Croesus corrected him. 'Nothing there any longer belongs to me. It is you they are robbing.'
Diodorus SiculusCapital in money form has no citizenship. It is fungible, an asset capable of moving from place to place in a nanosecond.
Eric KieransWhile it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in taxable accounts... taxes are a drag on performance of up to 4 percentage points each year... many index funds allow your capital gains to grow largely undisturbed until you sell... For the taxable investor, indexing means never having to say you're sorry.
William J. Bernstein...Senate Doc. # 259. The 65th congress(:)...The coal companies made between 100% and 7,856% on their capital stock during the war (to end all wars, WWI). ...The leather people sold your Uncle Sam hundreds of thousands of saddles for the calvary. But there wasn't any calvary overseas!
Smedley ButlerThe creation of new capital always... releases... labor. Its actual effect [though] is not to make jobs scarce, but to free men's labor for other jobs.
Frederic BastiatExecuting a murderer is the only way to adequately express our horror at the taking of an innocent life. Nothing else suffices. To equate the lives of killers with those of victims is the worst kind of moral equivalency. If capital punishment is state murder, then imprisonment is state kidnapping and restitution is state theft.
Don FederBarack Obama won a second term but no mandate. Thanks in part to his own small-bore and brutish campaign, victory guarantees the president nothing more than the headache of building consensus in a gridlocked capital on behalf of a polarized public.
Ron FournierNetwork marketing is the big wave of the future. It's taking the place of franchising, which now requires too much capital for the average person.
Jim RohnI always wanted to do a movie that deals with America's horrific past with slavery, but the way I wanted to deal with it is - as opposed to doing it as a huge historical movie with a capital H - I thought it could be better if it was wrapped up in genre.
Quentin TarantinoCapital Letters Were Always The Best Way Of Dealing With Things You Didn't Have A Good Answer To.
Douglas AdamsGord [Downie] does so much Waterkeeper stuff. They were involved in [protesting clearcuts at] Clayoquot Sound [in the early '90s]. It's hard sometimes to use the capital you have as a beloved rock band and put it to various causes, especially when they're a bit more controversial, like energy issues.
Sarah HarmerThe bourgeoisie is very fond of so-called practical types and novels with happy endings, since they soothe it with the idea that one can both accumulate capital and preserve innocence, be a beast and at the same time be happy...
Anton ChekhovSolyndra's failure isn't a reason for the government to give up on alternative energy, any more than the failure of Pets.com during the Internet bubble means that venture capital should steer clear of tech projects.
James SurowieckiWhat you see happening right now with some of the consolidation is all about more spectrum and capital formation that give you the scale, scope and resources to invest in that 3G world.
Steve LargentI believe that the truth with a capital T is at the center of all the great religious teachings.
Marianne WilliamsonWhat workers must learn is that the only reason why wage rates are higher in the United States is that the per head quota of capital invested is higher.
Ludwig von MisesIn my early days, fashion was considered a very high risk industry. The failure rate is very high. Trying to get capital and trying to find people who specialize in that industry is very difficult too.
Joe MimranLiberals believe and inexhaustible fund exists that can be tapped endlessly to pay for government social programs. Tax the rich and give it to a long line of moochers, pork barrel hustlers and ne'er-do-wells. These funds would otherwise have been employed as additional capital indispensable to economic progress.
James CookWithout market prices for capital goods, accounting is not possible. You don't know if you are making money or losing money, saving resources or wasting them, doing the right thing or not doing the right thing.
Llewellyn RockwellOpponents of capital punishment argue that the state has no right to take a murderer's life. Apparently, one fact that abolitionists forget or overlook is that the state is acting not only on behalf of society, but also on behalf of the murdered person and the murdered person's family.
Dennis PragerContrary to the rhetoric emanating from the American left, the 'rich' are currently paying a lot more than 'their fair share.' It is only a handful of mega-rich, those whose entire incomes are derived from dividends and capital gains, rather than salaries or business profits, who have the ability to pay lower tax rates than some members of the middle class. The left knows this but continues to build their 'freeloading millionaire' straw man because it makes good politics.
Peter SchiffNo arbitrary regulation, no act of the legislature, can add anything to the capital of the country; it can only force it into artificial channels.
John Ramsay McCullochIn almost every enterprise, government has provided business with opportunities for private gain at public expense. Government nurtures private capital accumulation through a process of subsidies, supports, and deficit spending and an increasingly inequitable tax system.
Michael ParentiIn Rome people spend most of their time having lunch. And they do it very well - Rome is unquestionably the lunch capital of the world.
Fran Lebowitz