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"Riches are for spending."
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"Science blasphemed when tries to eliminate scarcity in economy."
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Personal Development
"If it is asserted that civilization is a real advance in the condition of man - and I think that it is, though only the wise improve their advantages - it must be shown that it has produced better dwellings without making them more costly; and the cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run."
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Personal Development
"Your money myth affects your gain and luck.In economics, illusion of money affects wealth."
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Personal Development
"The mentality of seeking miracles from one place to another is destructive to the economy."
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Personal Development
"I saw the poverty, I say the prosperity. Both have fundamental problems."
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Personal Development
"It is impossible to say how far the present value of money depends on its monetary employment and how far on its industrial employment. When the institution of money was first established, the industrial basis of the value of the precious metals may have preponderated; but with progress in the monetary organization of economic life the monetary employment has become more and more important. It is certain that nowadays the value of gold is largely supported by its monetary employment, and that its demonetization would affect its price in an overwhelming fashion."
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Personal Development
"The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property."
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Personal Development
"We can't get to the $4 trillion in savings that we need by just cutting the 12 percent of the budget that pays for things like medical research and education funding and food inspectors and the weather service. And we can't just do it by making seniors pay more for Medicare."
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Personal Development
"If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers."
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Personal Development
"A third group of inflationists do not deny that inflation involves serious disadvantages. Nevertheless, they think that there are higher and more important aims of economic policy than a sound monetary system. They hold that although inflation may be a great evil, yet it is not the greatest evil, and that the State might under certain circumstances find itself in a position where it would do well to oppose greater evils with the lesser evil of inflation."
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Personal Development
Explore more quotes by Francis Bacon
"Truth is so hard to tell, it sometimes needs fiction to make it plausible."
Truth
"He that hath knowledge spareth his words."
Knowledge
"Judges must beware of hard constructions and strained inferences, for there is no worse torture than that of laws."
Justice
"Wives are young men's mistresses, companions for middle age, and old men's nurses."
Age
"The root of all superstition is that men observe when a thing hits, but not when it misses."
Man
"Lies are sufficient to breed opinion, and opinion brings on substance."
Lie
"Imagination was given to man to compensate him for what he is not; a sense of humor to console him for what he is."
Humor
"There is a difference between happiness and wisdom: he that thinks himself the happiest man is really so; but he that thinks himself the wisest is generally the greatest fool."
Happiness
"Natural abilities are like natural plants, that need pruning by study; and studies themselves do give forth directions too much at large, except they be bounded in by experience."
Experience
"The worst men often give the best advice."
Man
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