Of the maxims of orthodox finance, none, surely, is more antisocial than the fetish of liquidity…. It forgets that there is no such thing as liquidity of investment for the community as a whole.

Merrill Lynch is bullish on America.

Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.

The man who dies… rich dies disgraced.

Better is poverty in the hand of the god,
Than wealth in the storehouse;
Better is bread with a happy heart
Than wealth with vexation.