“Wealth — Any income that is at least $100 more a year than the income of one's wife's sister's husband.”

—  H.L. Mencken

1940s–present, A Mencken Chrestomathy (1949)

Adopted from Wikiquote. Last update Sept. 14, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Wealth — Any income that is at least $100 more a year than the income of one's wife's sister's husband." by H.L. Mencken?
H.L. Mencken photo
H.L. Mencken 281
American journalist and writer 1880–1956

Related quotes

“One of the most significant results of the industrial struggle during the past fifty years has been the creation of a condition of a vast inequality of wealth and income.”

Kirby Page (1890–1957) American clergyman

"The Commercial Motive" ibid.
Context: One of the most significant results of the industrial struggle during the past fifty years has been the creation of a condition of a vast inequality of wealth and income. This inequality is so extreme that it now constitutes one of the chief sources of bitterness and strife in modern life.... not that the poor have been getting poorer but that the number and sizes of great fortunes have increased enormously.

Robert A. Dahl photo

“I have stressed inequalities in wealth and incomes because they reveal how far this country falls short not only of an ideal but of an actual condition of equality that was taken for granted by democrats like Jefferson and Madison in the early years of the Republic. But there is another important reason for particularly stressing incomes. When we attempt to compensate for gross inequalities in incomes by means other than providing income itself, the result is likely to be a patchwork of irritating regulations enforced by bureaucratic agencies.”

Robert A. Dahl (1915–2014) American political scientist

After the Revolution? (1970; 1990), Ch. 4 : From Principles to Problems

Thomas Piketty photo

“National income is defined as the sum of all income available to the residents of a given country in a given year, regardless of the legal classification of that income.”

Thomas Piketty book Capital in the Twenty-First Century

Source: Capital in the Twenty-First Century (2013), p. 43.

Tibor R. Machan photo

“Regulatory policies are inherently redistributive; that is, they involve the seizure of earned income for purposes of allocating this income in ways the government’s policymakers believe are more important than do those whose income has been seized.”

Tibor R. Machan (1939–2016) Hungarian-American philosopher

Source: Private Rights and Public Illusions (1994), p. 154

Thomas Piketty photo

“I can now present the first fundamental law of capitalism, which links the capital stock to the flow of income from capital. The capital/income ratio β is related in a simple way to the share of income from capital in national income, denoted α. The formula is
α = r × β
Where r is the rate of return on capital.
For example, if β=600% and r = 5%, then α = r × β = 30%.
In other words, if national wealth represents the equivalent of six years of national income, and the rate of return on capital is 5 percent per year, then capital’s share in national income is 30 percent.”

Thomas Piketty book Capital in the Twenty-First Century

Source: Capital in the Twenty-First Century (2013), p. 52.

Edmund Wilson photo

“It may be that there is nothing more demoralizing than a small but adequate income.”

Edmund Wilson book Memoirs of Hecate County

Memoirs of Hecate County (1946) [New York Review Books Classics, 2004], Ch. 4, p. 136

Warren Farrell photo

“A person working 45 hours per week averages 44% more income than someone working 40 hours per week. That’s 44% more income for 13% more time.”

Warren Farrell (1943) author, spokesperson, expert witness, political candidate

Source: Why Men Earn More (2005), p. xviii.

Bertrand Russell photo

“We love our habits more than our income, often more than our life.”

Bertrand Russell (1872–1970) logician, one of the first analytic philosophers and political activist

Source: Sceptical Essays

“A social order in which the maximum legal income is not more than tenfold the minimum”

Kirby Page (1890–1957) American clergyman

Property (1935)
Context: A social order in which the maximum legal income is not more than tenfold the minimum... and in which competition for private profit has been eliminated, and in which social motivations are more dominant, is certain to be a more harmonious community than can ever be created by economic individualism.

Related topics