Money is only a tool in business. It is just a part of the machinery. You might as well borrow 100,000 lathes as $100,000 if the trouble is inside your business. More lathes will not cure it; neither will more money. Only heavier doses of brains and thought and wise courage can cure. A business that misuses what it has will continue to misuse what it can get.
Henry Ford (1863-1947) American industrialist
My Life and Work, ch. 11 “Money and Goods” (1922) [with Samuel Crowther]
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Quotations about:
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The parallels between Easter Island and the whole modern world are chillingly obvious. Thanks to globalization, international trade, jet planes, and the Internet, all countries on Earth today share resources and affect each other, just as did Easter’s dozen clans. Polynesian Easter Island was as isolated in the Pacific Ocean as Earth is today in space. When the Easter Islanders got into difficulties, there was nowhere to which they could flee, nor to which they could turn for help, nor shall we modern Earthlings have recourse elsewhere if our troubles increase. Those are the reasons why people see the collapse of Easter Island society as a metaphor, a worst-case scenario, for what may lie ahead of us in our own future.
Jared Diamond (b. 1937) American geographer, historian, ornithologist, author
Collapse: How Societies Choose to Fail or Succeed, Part 2, ch. 2 (2005)
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This is the actual full text from Diamond's book. It is almost universally paraphrased (including the bracketed inclusion) as:
The metaphor is so obvious. Easter Island isolated in the Pacific Ocean -- once the island got into trouble, there was no way they could get free. There was no other people from whom they could get help. In the same way that we on Planet Earth, if we ruin our own [world], we won't be able to get help.
I speculate that this pared-down phrasing was used by Diamond during a speech or seminar about the subject, or an interview about the book, and was then mistakenly identified (and copied) as a quote from the book. For example, at the ASA, CSSA, and SSSA Annual Meetings, Long Beach, California (2010), for example, Diamond is quoted with this near match:
The metaphor is so obvious. Easter Island is isolated in the Pacific Ocean; once the Easter Islanders got into trouble, there was nowhere that they could flee. Just as if, today, we on planet Earth mess up our island planet, there is no other galaxy that we’re going to be able to float off to.
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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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)
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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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).
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").
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 (The New Testament) (AD 1st - 2nd C) 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."
