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The purse strings tie us to our kind.

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
Strings
Ties
Kind
Purse
Purses

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Life is a school of probability.
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Royalty is a government in which the attention of the nation is concentrated on one person doing interesting actions.
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A constitutional statesman is in general a man of common opinions and uncommon abilities.
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One cannot make men good by Act of Parliament.
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Under a Presidential government, a nation has, except at the electing moment, no influence it has not the ballot-box before it its virtue is gone, and it must wait till its instant of despotism again returns.
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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 best history is but like the art of Rembrandt it casts a vivid light on certain selected causes, on those which were best and greatest it leaves all the rest in shadow and unseen.
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The peculiar essence of our banking system is an unprecedented trust between man and man. And when that trust is much weakened by hidden causes, a small accident may greatly hurt it, and a great accident for a moment may almost destroy it.
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A democratic despotism is like a theocracy: it assumes its own correctness.
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It is good to be without vices, but it is not good to be without temptations.
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Nothing is more unpleasant than a virtuous person with a mean mind.
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A highly developed moral nature joined to an undeveloped intellectual nature, an undeveloped artistic nature, and a very limited religious nature, is of necessity repulsive. It represents a bit of human nature a good bit, of course, but a bit only in disproportionate, unnatural and revolting prominence.
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Not only does a bureaucracy tend to under-government in point of quality it tends to over-government in point of quantity.
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What impresses men is not mind, but the result of mind.
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Money is economic power.
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What we opprobriously call stupidity, though not an enlivening quality in common society, is nature's favorite resource for preserving steadiness of conduct and consistency of opinion.
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The characteristic danger of great nations, like the Romans or the English which have a long history of continuous creation, is that they may at last fail from not comprehending the great institutions which they have created
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Great and terrible systems of divinity and philosophy lie round about us, which, if true, might drive a wise man mad.
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In every particular state of the world, those nations which are strongest tend to prevail over the others and in certain marked peculiarities the strongest tend to be the best.
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No great work has ever been produced except after a long interval of still and musing meditation.
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