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The concentration of wealth is a natural result of this concentration of ability, and regularly recurs in history. The rate of concentration varies (other factors being equal) with the economic freedom permitted by morals and laws.

Will Durant

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Will Durant
Age: 96 †
Born: 1885
Born: November 5
Died: 1981
Died: November 7
Historian
Philosopher
Writer
North Adams
Massachusetts
William James Will Durant
William James Durant
Factors
Recurs
Economic
Rate
Varies
Politics
Result
Permitted
Law
Laws
Regularly
Moral
Equal
Vary
Ability
Wealth
Morals
Freedom
Results
Liberalism
Natural
Concentration
History
Economy

More quotes by Will Durant

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Continue to express your dissent and your needs, but remember to remain civilized, for you will sorely miss civilization if it is sacrified in the turbulence of change.
Will Durant
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Our knowledge is a receding mirage in an expanding desert of ignorance.
Will Durant
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Grow strong, my comrade … that you may stand Unshaken when I fall that I may know The shattered fragments of my song will come At last to finer melody in you That I may tell my heart that you begin Where passing I leave off, and fathom more.
Will Durant
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We Americans are the best informed people on earth as to the events of the last twenty-four hours we are the not the best informed as the events of the last sixty centuries.
Will Durant
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Philosophy begins when one learns to doubt -- particularly to doubt one's cherished beliefs, one's dogmas and one's axioms.
Will Durant
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Man became free when he recognized that he was subject to law.
Will Durant
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Science tells us how to heal and how to kill it reduces our death rate in retail and then kills us wholesale in war but only wisdom - desire coordinated in the light of all experience - can tell us when to heal and when to kill.
Will Durant
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There is no real philosophy until the mind turns around and examines itself.
Will Durant
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Civilizations come and go they conquer the earth and crumble into dust but faith survives every desolation.
Will Durant
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I have tried to be impartial, though I know that a man's past always colors his views, and that nothing else is so irritating as impartiality.
Will Durant
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In philosophy, as in politics, the longest distance between two points is a straight line.
Will Durant
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Bankers know that history is inflationary and that money is the last thing a wise man will hoard
Will Durant
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In the last analysis civilization is based upon the food supply.
Will Durant
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The ego is willing but the machine cannot go on. It's the last thing a man will admit, that his mind ages.
Will Durant
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History offers some consolation by reminding us that sin has flourished in every age.
Will Durant
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If you wish to be loved, be modest if you wish to be admired, be proud if you wish both, combine external modesty with internal pride.
Will Durant
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Moral codes adjust themselves to environmental conditions.
Will Durant
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Man is an emotional animal, occasionally rational and through his feelings he can be deceived to his heart's content.
Will Durant
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As soon as liberty is complete it dies in anarchy.
Will Durant
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An emperor knows how to govern when poets are free to make verses, people to act plays, historians to tell the truth, ministers to give advice, the poor to grumble at taxes, students to learn lessons aloud, workmen to praise their skill and seek work, people to speak of anything, and old men to find fault with everything.
Will Durant