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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
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Langport
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Propelled
Benevolence
Capital
Interest
Cannot
Self
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Enticed
More quotes by Walter Bagehot
Stupidity is nature's favorite resource for preserving consistency of opinion.
Walter Bagehot
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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Life is not a set campaign, but an irregular work, and the main forces in it are not overt resolutions, but latent and half-involuntary promptings.
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It is often said that men are ruled by their imaginations but it would be truer to say they are governed by the weakness of their imaginations.
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The purse strings tie us to our kind.
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A man's mother is his misfortune, but his wife is his fault.
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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.
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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.
Walter Bagehot
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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Throughout the greater part of his life George III was a kind of 'consecrated obstruction'.
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The essence of Toryism is enjoyment?but as far as communicating and establishing your creed are concernedtrya little pleasure. The way to keep up old customs is, to enjoy old customs the way to be satisfied with the present state of things is, to enjoy that state of things.
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The most essential mental quality for a free people, whose liberty is to be progressive, permanent and on a large scale, is much stupidity.
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The less money lying idle the greater is the dividend.
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Most men of business think Anyhow this system will probably last my time. It has gone on a long time, and is likely to go on still.
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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.
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All people are most credulous when they are most happy.
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Nothing is more unpleasant than a virtuous person with a mean mind.
Walter Bagehot
One cannot make men good by Act of Parliament.
Walter Bagehot
No real English gentleman, in his secret soul, was ever sorry for the death of a political economist.
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