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Capital must be propelled by self-interest it cannot be enticed by benevolence.
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
Capital
Interest
Cannot
Self
Must
Enticed
Propelled
Benevolence
More quotes by Walter Bagehot
Nine tenths of modern science is in this respect the same: it is the produce of men whom their contemporaries thought dreamers - who were laughed at for caring for what did not concern them - who, as the proverb went, 'walked into a well from looking at the stars' - who were believed to be useless, if anyone could be such.
Walter Bagehot
The maxim of science is simply that of common sense-simple cases first begin with seeing how the main force acts when there is as little as possible to impede it, and when you thoroughly comprehend that, add to it in succession the separate effects of each of the incumbering and interfering agencies.
Walter Bagehot
An inability to stay quiet is one of the conspicuous failings of mankind.
Walter Bagehot
Great and terrible systems of divinity and philosophy lie round about us, which, if true, might drive a wise man mad.
Walter Bagehot
No man has come so near our definition of a constitutional statesman - the powers of a first-rate man and the creed of a second-rate man.
Walter Bagehot
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.
Walter Bagehot
The most essential mental quality for a free people, whose liberty is to be progressive, permanent and on a large scale, is much stupidity.
Walter Bagehot
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.
Walter Bagehot
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.
Walter Bagehot
Life is a school of probability.
Walter Bagehot
The cardinal maxim is, that any aid to a present bad Bank is the surest mode of preventing the establishment of a future good Bank.
Walter Bagehot
The cure for admiring the House of Lords is to go and look at it.
Walter Bagehot
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.
Walter Bagehot
The Sovereign has, under a constitutional monarchy such as ours, three rights - the right to be consulted, the right to encourage, the right to warn. And a king of great sense and sagacity would want no others.
Walter Bagehot
Not only does a bureaucracy tend to under-government in point of quality it tends to over-government in point of quantity.
Walter Bagehot
Adventure is the life of commerce, but caution is the life of banking.
Walter Bagehot
We think of Euclid as of fine ice we admire Newton as we admire the peak of Teneriffe. Even the intensest labors, the most remote triumphs of the abstract intellect, seem to carry us into a region different from our own-to be in a terra incognita of pure reasoning, to cast a chill on human glory.
Walter Bagehot
You may talk of the tyranny of Nero and Tiberius but the real tyranny is the tyranny of your next-door neighbor.
Walter Bagehot
Royalty is a government in which the attention of the nation is concentrated on one person doing interesting actions.
Walter Bagehot
A democratic despotism is like a theocracy: it assumes its own correctness.
Walter Bagehot
