Category: Economics

“Success has ruin’d many a Man.” – Benjamin Franklin, Poor Richard Improved, 1752

“ ‘Tis not improbable that a Man may receive more solid Satisfaction from Pudding, while he is living, than from Praise, after he is dead.” – Benjamin Franklin, Poor Richard Improved, 1750 (emphases in original)

“One Man may be more cunning than another, but not more cunning that every body else.” – Benjamin Franklin, Poor Richard, 1745

“No gains without pains.” – Benjamin Franklin, Poor Richard, 1745

“Death takes no bribes.” – Benjamin Franklin, Poor Richard, 1742

“Wish not so much to live long as to live well.” – Benjamin Franklin, Poor Richard, 1738

“Let thy vices die before thee.” – Benjamin Franklin, Poor Richard, 1738

“There are three faithful friends, an old wife, an old dog, and ready money.” – Benjamin Franklin, Poor Richard, 1738

“The noblest question in the world is What Good may I do in it?” – Benjamin Franklin, Poor Richard, 1737 (emphasis in original)

“The greatest monarch on the proudest throne, is oblig’d to sit upon his own arse.” – Benjamin Franklin, Poor Richard, 1737

“Distrust & caution are the parents of security.” – Benjamin Franklin, Poor Richard, 1733

“The poor have little, beggars none, the rich too much, enough not one.” – Benjamin Franklin, Poor Richard, 1733 (emphasis in original)

“The daily routine had ceased to be a novelty. All the details of the journey and the camp had become familiar to us. We had seen life under a new aspect; the human biped had been reduced to his primitive condition. We had lived without law to protect, a roof to shelter, or garment of cloth to cover us. One of us at least had been without bread, and without salt to season his food. Our idea of what is indispensable to human existence and enjoyment had been wonderfully curtailed, and a horse, a rifle and a knife seemed to make up the whole of life’s necessaries. For these once obtained, together with the skill to use them, all else that is essential would follow in their train, and a host of luxuries besides. One other lesson our short prairies experience had taught us; that of profound contentment in the present, and utter contempt for what the future might bring forth.” – Francis Parkman, The Oregon Trail

“The western Dahcotah have no fixed habitations. Hunting and fighting, they wander incessantly, through summer and winter. Some are following the herds of buffalo over the wastes of prairie; others are traversing the Black Hills, thronging, on horseback and on foot, through the dark gulfs and sombre gorges, beneath the vast splintering precipices, and emerging at last upon the ‘Parks,’ those beautiful but most perilous hunting-grounds. The buffalo supplies them with almost all the necessities of life; with habitations, food, clothing, and fuel; with strings for their bows, with thread, cordage, and trailropes for their horses, with coverings for their saddles, with vessels to hold water, with boats to cross streams, with glue, and with the means of purchasing all that they desire from the traders. When the buffalo are extinct, they too must dwindle away.” – Francis Parkman, The Oregon Trail

“The didactic mission of preserving the past as an object for the future, narrated by the stark finality of ‘never again,’ renders the structural violence of the present illegible while monetizing the promises of witnessing, thus profiting from the illusion that it is possible to coexist with the past.” – Julia Michiko Hori, “Berthing Violent Nostalgia: Restored Slave Ports and the Royal Caribbean Historic Falmouth Cruise Terminal”

“The past is neither inert nor given. The stories we tell about what happened then, the correspondences we discern between today and times past, and the ethical and political stakes of those stories redound in the present. If slavery feels proximate rather than remote and freedom seems increasingly elusive, this has everything to do with our own dark times. If the ghost of slavery still haunts our present, it is because we are still looking for an exit from the prison.” – Saidiyah V. Hartman, Love Your Mother: A Journey along the Atlantic Slave Route

“If the monuments of civilization are almost always monuments to barbarism, what would it mean to let them fall into disrepair?” – Julia Michiko Hori, “Berthing Violent Nostalgia: Restored Slave Ports and the Royal Caribbean Historic Falmouth Cruise Terminal”

“Mass production changed human life forever. For the centuries preceding we were primarily an agrarian people living in a natural world, according to our needs and the seasons. Then, literally overnight, most of us were part of some immense process, making a part of a part of something. Universal time didn’t exist until relatively recently, with the establishment of transcontinental railroads. Until then, it had been two o’clock in my village, three in yours. But we needed to agree on the time so we wouldn’t miss our trains. It also took a full generation for the factory owners to get their workers to understand that they had to show up at the same time every day, even if they had enough money for the moment and just didn’t feel like working that day. Last detail—there was, in the nineteenth century, an active campaign, I mean with posters and such, to link poverty with shame. Until then our notion of poverty was more like our notion of cancer—it simply struck some people and not others. But if we’re not ashamed of being poor, we won’t show up for work consistently. In short, it was a profound change, and it was the beginning of the world in which we live now.” – Michael Cunningham (interviewed by Sarah Anne Johnson, “Close Up: Place and Setting”)

“Tourists are people with the means and desire to seek out experiences different or absent from their daily lives. Leisure tourism is shaped around providing things that corporate work culture withholds, including such basics as sleep, sunlight, art and music, physical exercise, relief from stress, a break from surveillance and policed time, from the women’s double day and the culture of busyness, from the myriad mechanisms of social discipline that dehumanize and despiritualize metropolitan life. How to quarrel with such a list?” – Mary Louise Pratt, “Is this Gitmo, or Club Med?”

“I know man’s labor must be one of those deals figured out by Providence that saves him by preserving him, or he would be hungry, he would freeze, or his brittle neck would be broke. But what curious and strange forms he ends up surviving in, becoming them in the process.” – Saul Bellow, The Adventures of Augie March

“When there’s no trouble, one should make provision for the time of trouble.” – Cao Xueqin, The Dream of the Red Chamber (trans. H. Bencraft Joly)

“The poorer people of the backcountry everywhere suffer because of the harsh and improper laws of debt. In practice, these laws have resulted in establishing a system of peonage, such as has grown up here and there in our own nation. A radical change is needed in this matter; and [Colonel Rondon] is fighting for the change. In school matters, the colonel has precisely the ideas of our wisest and most advanced men and women in the United States … [We] talked over school matters at length and were in hearty accord as to the vital educational needs of both Brazil and the United States: the need of combining industrial with purely mental training, and the need of having the widespread popular education, which is and must be supported and paid for by the government, made a purely governmental and absolutely nonsectarian function, administered by the state alone, without interference with, not furtherance of, the beliefs of any reputable church.” – Theodore Roosevelt, Through the Brazilian Wilderness (ed. Dain Borges)

“People are just sickening. Plain and simple, people are really just plain sickening. Where is the rhyme or reason to it? There is no rhyme or reason to it. You know what? Let me tell you what. I pity you if you think the day will ever come when you can count on people. You cannot count on people. You cannot expect anything from people. You know what you can expect from people? You want for me to explain to you what you can expect from people? Because the answer is nothing. That’s it, that’s right—nothing. Go ahead and expect nothing from people. All you have in this world is your own, but you cannot expect anything from them, either. Your own are the only ones you have a right to expect anything from, but do not waste your breath expecting anything from them either. Who isn’t scum? They are all scum. The whole gang of them, forget it, they’re scum. I would not give you two cents for the best of them—whoever they are.” – Gordon Lish, Zimzum

“There can be no safe place, because the world does not consist of the good, the wise, and the generous taking on the wicked, the unreasonable, and the selfish. The world consists of dense psychologies of desire, fear, and resentment in a state of constant explosion. The world is not safe, because people are dangerous. Not only crooks and loonies but all people. A mother can be dangerous.” – Ethan Mordden, Medium Cool

“The lining of a heavy money bag is sewn with tears.” – Isaac Babel, “The King” (trans. Peter Constantine)

“Why do you think girls fall in love? I am sure, pick one or some, ‘He can: bring me off; buy me shit; protect me and my children; leave me a lot of money.’ That’s the list.” – David Mamet, Chicago

“A newspaper is a joke. Existing at the pleasure of the advertisers, to mulct the public, gratifying their stupidity, and render some small advance on investment to the owners, offering putative employment to their etiolated, wastrel sons.” – David Mamet, Chicago (emphasis in original)

“The free artist is the symbol of a healthy society; the encouraged artist a symbol of an enlightened one.” – Barry B. Spacks, The Penn Review, 1951

“Big Brother, it turns out, is a capitalist who wants to sell you blue jeans.” – “The everywhere stores,” The Economist, October 28th, 2017

“I spent a great deal of time on my knees. If you didn’t go along, there were 25 girls who would.” – Marilyn Monroe (quoted in “An Open Secret,” The Economist, October 21st, 2017)