Endurance is nobler than strength, and patience than beauty.
John RuskinRead
Large fortunes are all founded either on the occupation of land, or lending or the taxation of labor.
Interpretation
Wealth is primarily derived from land, lending, or taxing work.
This quote by John Ruskin highlights the three main sources of substantial wealth in society: the ownership and exploitation of land, the practice of lending money that generates interest, and the taxation imposed on labor. It suggests that large fortunes are not just a result of individual talent or effort but are deeply rooted in systemic structures related to land use and economic practices.
In practice
In an economic discussion, this quote can help illustrate the foundations of wealth accumulation.
Endurance is nobler than strength, and patience than beauty.
In health of mind and body, men should see with their own eyes, hear and speak without trumpets, walk on their feet, not on wheels, and work and war with their arms, not with engine-beams, nor rifles warranted to kill twenty men at a shot before you can see them.
You talk of the scythe of Time, and the tooth of Time: I tell you, Time is scytheless and toothless; it is we who gnaw like the worm - we who smite like the scythe. It is ourselves who abolish - ourselves who consume: we are the mildew, and the flame.
To be able to ask a question clearly is two-thirds of the way to getting it answered.
See that your children be taught, not only the labors of the earth, but the loveliness of it.
A little thought and a little kindness are often worth more than a great deal of money.
I'm of those who believe that excesses in all matters are not a good idea, whether it's formation of bubbles, whether it's excess in the financial market, whether it's excess of inequality, it has to be watched, it has to be measured, and it has to be anticipated in terms of consequences.
There is no easy fix or youth unemployment. Partnership between the public and private sectors can make a big difference.
People who think a tax boost will cure inflation are the same ones who believe another drink will cure a hangover.
The modern corporation must manufacture not only goods but the desire for the goods it manufactures.
As soon as the recovery is well under way, we need to set up a long-term plan to reduce the structural deficit and make sure we are not leaving a mountain of debt for the next generation.
Economy consists in a due and proper application of the means afforded according to the ability of the employer and the situation chosen; care being taken that the expenditure is prudently conducted.
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