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The less money lying idle the greater is the dividend.

Walter Bagehot

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Walter Bagehot
Age: 51 †
Born: 1826
Born: February 3
Died: 1877
Died: March 24
Businessperson
Economist
Engineer
Journalist
Political Scientist
Politician
Sociologist
Langport
Somerset
Dividends
Idle
Greater
Lying
Less
Money
Dividend

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A political country is like an American forest you have only to cut down the old trees, and immediately new trees come up to replace them.
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One of the greatest pains to human nature is the pain of a new idea.
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The reason why so few good books are written is that so few people who can write know anything.
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It has been said that England invented the phrase, 'Her Majesty's Opposition' that it was the first government which made a criticism of administration as much a part of the polity as administration itself. This critical opposition is the consequence of cabinet government.
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The real essence of work is concentrated energy - people who really have that in a superior degree by nature are independent of the forms and habits and artifices by which less able and less active people are kept up to their labors.
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A slight daily unconscious luxury is hardly ever wanting to the dwellers in civilization like the gentle air of a genial climate, it is a perpetual minute enjoyment.
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The best reason why Monarchy is a strong government is, that it is an intelligible government. The mass of mankind understand it, and they hardly anywhere in the world understand any other.
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The most intellectual of men are moved quite as much by the circumstances which they are used to as by their own will. The active voluntary part of a man is very small, and if it were not economized by a sleepy kind of habit, its results would be null.
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Stupidity is nature's favorite resource for preserving consistency of opinion.
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Capital must be propelled by self-interest it cannot be enticed by benevolence.
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Progress would not have been the rarity it is if the early food had not been the late poison.
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Money is economic power.
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Life is a compromise of what your ego wants to do, what experience tells you to do, and what your nerves let you do.
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A democratic despotism is like a theocracy: it assumes its own correctness.
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A family on the throne is an interesting idea. It brings down the pride of sovereignty to the level of petty life.
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A severe though not unfriendly critic of our institutions said that the cure for admiring the House of Lords was to go and look at it.
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It has been said that England invented the phrase, 'Her Majesty's Opposition'.
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So long as there are earnest believers in the world, they will always wish to punish opinions, even if their judgment tells them it is unwise and their conscience that it is wrong.
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Credit means that a certain confidence is given, and a certain trust reposed. Is that trust justified? And is that confidence wise? These are the cardinal questions. To put it more simply credit is a set of promises to pay will those promises be kept?
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Life is a school of probability.
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