Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services.
Where people work longest and with least leisure, they buy the fewest goods. No towns were so poor as those of England where the people, from children up, worked fifteen and sixteen hours a day. They were poor because these overworked people soon wore out -- they became less and less valuable as workers. Therefore, they earned less and less and could buy less and less.
As a young man, I was very interested in how people lived in earlier times; how they got from place to place, lighted their homes, cooked their meals and so on. So I went to the history books. Well, I could find out all about kings and presidents; but I could learn nothing of their everyday lives. So I decided that history is bunk.
Thinking without constructive action becomes a disease.
The greatest thing in life is to keep your mind young.
All that money can do is buy us some one else's work in exchange for our own.
Integrity is crucial for business success - once you can fake that, you've got it made.
Work mixed with management becomes not only easier but more profitable. The time is past when anyone can boast about 'hard work' without having a corresponding result to show for it.
If I had asked people what they wanted, they would have said faster horses.
Money is worth what it will help you to produce or buy and no more.
Some people think they can; some think they can't. They are probably both right.
Money is like an arm or leg - use it or lose it.
The time will come when man will know even what is going on in the other planets and perhaps be able to visit them.
The people must be helped to think naturally about money. They must be told what it is, and what makes it money, and what are the possible tricks of the present system which put nations and peoples under control of the few.
I cannot discover that anyone knows enough to say definitely what is and what is not possible.
Too many men are afraid of being fools.
The function of the machine is to liberate man from brute burdens, and release his energies to the building of his intellectual and spiritual powers for conquests in the fields of thought and higher action.
The cure for materialism is to have enough for everybody and to share. When people are sure of having what they need they cease to think about it.
When one speaks of increasing power, machinery, and industry there comes up a picture of a cold, metallic sort of world in which great factories will drive away the trees, the flowers, the birds, and the green fields. And that then we shall have a world composed of metal machines and human machines. With all of that I do not agree. I think that unless we know more about the machines and their use, unless we better understand the mechanical portion of life, we cannot have the time to enjoy the trees, and the birds, and the flowers, and the green fields.
I don't expect to retire. Every man must work, that's his natural destiny.
If there is unemployment in America, it is because the unemployed do not want to work.
Bankers play far too great a part in the conduct of industry.
I'll sleep well tonight
I am looking for a lot of men who have an infinite capacity to not know what can't be done.
There is safety in small beginnings and there is unlimited capital in the experience gained by growing.
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