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Authors:

William Graham Sumner quotes

American Businessman

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Quotes

Then, again, the ability to organize and conduct industrial, commercial, or financial enterprises is rare; the great captains of industry are as rare as great generals. William Graham Sumner
The men who start out with the notion that the world owes them a living generally find that the world pays its debt in the penitentiary or the poor house. William Graham Sumner
Moreover, there is an unearned increment on capital and on labor, due to the presence, around the capitalist and the laborer, of a great, industrious, and prosperous society. William Graham Sumner
William Graham Sumner quote: "The great hinderance to the development of this continent has..."
The great hinderance to the development of this continent has lain in the lack of capital. William Graham Sumner
We are to see the development of the country pushed forward at an unprecedented rate by an aggregation of capital, and a systematic application of it under the direction of competent men. William Graham Sumner
William Graham Sumner quote: "If you ever live in a country run by a committee, be on the..."
If you ever live in a country run by a committee, be on the committee. William Graham Sumner
William Graham Sumner quote: "The aggregation of large fortunes is not at all a thing to be..."
The aggregation of large fortunes is not at all a thing to be regretted. William Graham Sumner
The criminal law needs to be improved to meet new forms of crime, but to denounce financial devices which are useful and legitimate because use is made of them for fraud, is ridiculous and unworthy of the age in which we live. William Graham Sumner
The waste of capital, in proportion to the total capital, in this country between 1800 and 1850, in the attempts which were made to establish means of communication and transportation, was enormous. William Graham Sumner
William Graham Sumner quote: "Perhaps they do not recognize themselves, for a rich man is..."
Perhaps they do not recognize themselves, for a rich man is even harder to define than a poor one. William Graham Sumner
William Graham Sumner quote: "It is often said that the earth belongs to the race, as if raw..."
It is often said that the earth belongs to the race, as if raw land was a boon, or gift. William Graham Sumner
We throw all our attention on the utterly idle question whether A has done as well as B, when the only question is whether A has done as well as he could. William Graham Sumner
Furthermore, the unearned increment from land appears in the United States as a gain to the first comers, who have here laid the foundations of a new State. William Graham Sumner
William Graham Sumner quote: "One thing must be granted to the rich: they are goodnatured."
One thing must be granted to the rich: they are goodnatured. William Graham Sumner
William Graham Sumner quote: "There ought to be no laws to guarantee property against the..."
There ought to be no laws to guarantee property against the folly of its possessors. William Graham Sumner

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