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The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

Thomas Sowell (b. 1930) American economist and political commentator
“Student Loans,” Is Reality Optional? (1993)
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Added on 16-Nov-20 | Last updated 16-Nov-20
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As in law so in war, the longest purse finally wins.

Mohandas Gandhi (1869-1948) Indian philosopher and nationalist [Mahatma Gandhi]
Bombay Provincial Cooperative Conference (17 Sep 1917)

See also Taft, DeFoe.
Added on 13-Aug-15 | Last updated 13-Aug-15
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Delay works always for the man with the longest purse.

William Howard Taft (1857-1930) US President (1909-13) and Chief Justice (1921-1930)
“Adequate Machinery for Judicial Business,” Journal of the American Bar Association (Sep 1921)
Added on 3-Aug-15 | Last updated 3-Aug-15
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To a historian, libraries are food, shelter, and even muse.

Barbara W. Tuchman (1912-1989) American historian and author
“The Houses of Research,” Authors Guild Bulletin (Mar 1972)
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Added on 26-May-15 | Last updated 26-May-15
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Be assured, my young friend, that there is a great deal of ruin in a nation.

Adam Smith (1723-1790) Scottish economist
Letter to Sir John Sinclair of Ulbster

When Sinclair had written him, after the Battle of Saratoga (Oct 1777), "If we go on at this rate, the nation must be ruined." In The Correspondence of Sir John Sinclair, Bt (1831).
Added on 26-Mar-15 | Last updated 26-Mar-15
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The enemy of art is the absence of limitations.

Orson Welles (1915-1985) American writer, director, actor
Comment to Henry Jaglom

Quoted by Jaglom in his essay "The Independent Filmmaker" in Jason E. Quire, ed. The Movie Business Book (1992). See here for more information. Sometimes paraphrased in reverse ("The absence of limitations is the enemy of art").
Added on 8-Jan-15 | Last updated 8-Jan-15
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From everyone who has been given much, much will be demanded; and from the one who has been entrusted with much, much more will be asked.

The Bible (14th C BC - 2nd C AD) Christian sacred scripture
Luke 12:48 (NIV)
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Alt. trans.:
  • KJV: "For unto whomsoever much is given, of him shall be much required: and to whom men have committed much, of him they will ask the more."
  • GNT: "Much is required from the person to whom much is given; much more is required from the person to whom much more is given."
  • NRSV: "From everyone to whom much has been given, much will be required; and from the one to whom much has been entrusted, even more will be demanded."
Added on 15-Jul-13 | Last updated 14-Oct-19
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