Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state.
Carl Menger, “The Nature and Origin of Money” (1892).
Category: Thought
Paul Bourget
There are conditions of blindness so voluntary that they become complicity.
Paul Bourget, Cosmopolis (1892), Chapter 5 “Countess Steno.”
Saki, The Unbearable Bassington, ch. 13 (1912).
We all know that Prime Ministers are wedded to the truth, but like other wedded couples they sometimes live apart.
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A. Bronson Alcott
The true teacher defends his pupils against his own personal influence. He inspires self-trust. He guides their eyes from himself to the spirit that quickens him. He will have no disciples. A noble artist, he has visions of excellence and revelations of beauty which he has neither impersonated in character nor embodied in words. His life and teachings are but studies for yet nobler ideals.
Amos Bronson Alcott, Orphic Sayings, quoted in A. Bronson Alcott: His Life and Philosophy (1893), by Franklin Benjamin Sanborn and William Torrey Harris, p. 592.
Paul Bourget
The forests have taught man liberty.
Paul Bourget, Cosmopolis 1892), Chapter 2 “The Beginning of a Drama.”
Yves Guyot
The true way to abolish corruption is to suppress the opportunity for corruption. But the more government and municipal undertakings increase in number and importance, the more these opportunities will multiply.
Yves Guyot, Where and Why Public Ownership Has Failed (1914).