“Other great sources of wealth are found in financial and speculative operations, often of distinctly anti-social tendency and possible only through the defective organization of our economy.”

— Leonard Trelawny Hobhouse

Source: Liberalism (1911), Chapter VIII, Economic Liberalism, p. 97.

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Leonard Trelawny Hobhouse 24

British sociologist 1864–1929

Peter Dicken (1938) British geographer

Source: Global Shift (2003) (Fourth Edition), Chapter 13, The Financial Services Industries, p. 469

“A corporate raid on a country is not foreign investment. It's just a corporate raid. A corporate raid doesn't expand our wealth, our employment, our exports, is not advantageous to most economies and most economies understand that. In New Zealand we did not. Everything that came from overseas was regarded as foreign investment, when, in fact, it was often a downsizing of the operation, a break-up of the operation and a mass of sackings.”

Winston Peters (1945) New Zealand politician

Interview with the 7:30 Report, ABC TV, Australia.

“Economy is the first and great article (economy such as I understand it) in my financial creed.”

William Ewart Gladstone (1809–1898) British Liberal politician and prime minister of the United Kingdom

Letter to his brother Robertson of the Financial Reform Association at Liverpool (1859), as quoted in Gladstone as Financier and Economist (1931) by F. W. Hirst, p. 241
1850s
Context: Economy is the first and great article (economy such as I understand it) in my financial creed. The controversy between direct and indirect taxation holds a minor, though important place.

“On the other hand, the State is an anti-social organization, originating in conquest and concerned only with the confiscation of property. The State began with the practice of nomadic tribes swooping down on some agricultural community, confiscating the movable wealth and, after slaying the less productive inhabitants, carrying off to slavery a number of others. Slavery is the first institution of the State.”

Frank Chodorov (1887–1966) American libertarian thinker

Source: Out of Step: The Autobiography of an Individualist (1962), p. 147

“We cannot realize financial reconstruction and enhance social security without a strong economy. It’s impossible to pursue foreign and security policy based on our stance without a strong economy.”

Yoshihide Suga (1948) 99th Prime Minister of Japan

Use 2020 Olympics to lift economy, Suga urges execs, Masaaki, Kameda, Japan Times, November 4, 2013 https://www.japantimes.co.jp/news/2013/11/04/business/use-2020-olympics-to-lift-economy-suga-urges-execs/,

“He suffers from one great literary defect, which is often found in lonely geniuses: he never knows when to stop.”

W. H. Auden book Forewords and Afterwords

On Søren Kierkegaard, in "A Knight of Doleful Countenance", p. 192
Forewords and Afterwords (1973)
Context: He suffers from one great literary defect, which is often found in lonely geniuses: he never knows when to stop. Lonely people are apt to fall in love with the sound of their own voice, as Narcissus fell in love with his reflection, not out of conceit but out of despair of finding another who will listen and respond.

“The country has great and imperative obligations to the weak, the sick, the unfortunate. It must give to them all the sustenance and support it can. We look forward to social and unemployment insurances, to improved health services, to a wiser control of our economy to avert if possible all booms and slumps which tend to convert labour into a commodity, to a better distribution of wealth, to a keener sense of social justice and social responsibility. We not only look forward to these things, we shall demand and obtain them.”

Robert Menzies (1894–1978) Australian politician, 12th Prime Minister of Australia

Freedom from Want radio talk, July 10, 1942 (the fifth of "The Forgotten People" series)
Wilderness Years (1941-1949)
Source: http://menziesvirtualmuseum.org.au/transcripts/the-forgotten-people/63-chapter-5-freedom-from-want

“Great wealth can only be obtained through deception and corruption.”

Tenzin Gyatso (1935) spiritual leader of Tibet

37 Practices of the Bodhisattva, teaching at Bodhgaya https://www.lamayeshe.com/article/thirty-seven-practices-bodhisattva (January 1974).

“Conservatism, though a necessary element in any stable society, is not a social program; in its paternalistic, nationalistic and power adoring tendencies it is often closer to socialism than true liberalism; and with its traditionalistic, anti-intellectual, and often mystical propensities it will never, except in short periods of disillusionment, appeal to the young and all those others who believe that some changes are desirable if this world is to become a better place.”

Friedrich Hayek (1899–1992) Austrian and British economist and Nobel Prize for Economics laureate

Source: 1940s–1950s, The Road to Serfdom (1944), p. xi

“Our Center would be nonpartisan; we would be as innovative as possible, not duplicating or competing with other organizations that were addressing issues successfully; we would not be afraid of possible failure if our goals were worthwhile; and we would operate always with a balanced budget. The”

Jimmy Carter (1924) American politician, 39th president of the United States (in office from 1977 to 1981)

Source: A Full Life: Reflections at Ninety

“Other great sources of wealth are found in financial and speculative operations, often of distinctly anti-social tendency and possible only through the defective organization of our economy.”

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Leonard Trelawny Hobhouse 24

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