Quotes About Capital

July 10, 1790, the House approved the Residence Act, designating Philadelphia as the temporary capital and a ten-mile-square site on the Potomac as the permanent site.

National City became known as the oil bank, much as J. P. Morgan and Company would be called the steel bank.

Pierpont selected partners not by wealth or to fortify the bank's capital but based on brains and talent.

It now seemed futile to try to halt a British advance upon the capital.

The residence law that passed Congress in July 1790, establishing Philadelphia as the interim capital, dictated that all government offices relocate there by early December.

he had positively no gift, except that of making money.

It was a self-indulgence on a magnificent scale, and a source of great anxiety and at times weakness to his firm, which could well have used the money as capital in the business if he had not spent it so lavishly.

The alleged political equality of men under such a government, declared Rosa Luxemburg, the top Spartacist theoretician, "is nothing but lies and falsehoods so long as the economic power of capital still exists.

Capital is reckless of the health or length of life of the laborer, unless under compulsion from society.

The foundation is an instrument forged by citizens who transfer profit from the commercial sector and put it directly to work as risk capital for the general betterment of the society.

The wealth of society is its stock of productive labor.

The laws of economic life are subject to the eternal laws of spiritual capital.

What you see happening right now with some of the consolidation is all about more spectrum and capital formation that give you the scale, scope and resources to invest in that 3G world.

These companies know that at their current size they're not going to be big enough to have the necessary capital, and they don't have enough spectrum to get to the third generation.

Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.

I was originally supposed to become an engineer but the thought of having to expend my creative energy on things that make practical everyday life even more refined, with a loathsome capital gain as the goal, was unbearable to me.

To help ensure success, practice defensive money management. A good trader watches his capital as carefully as a professional scuba diver watches his air supply.

Business? It's quite simple. It's other people's money.

The model is constructed in such a way that the global population will eventually level off and start declining, if industrial output per capita rises high enough. But we see little "real world" evidence that the richest people or nations ever lose interest in getting richer. Therefore, policies built into World3 represent the assumption that capital owners will continue to seek gains in their wealth indefinitely and that consumers will always want to increase their consumption.

The more output that is produced, the more can be invested to make new capital. This is a reinforcing loop, like the birth loop for a population. The investment fraction is equivalent to the fertility. The greater the fraction of its output a society invests, the faster its capital stock will grow.

The central question of economic development is how to keep the reinforcing loop of capital accumulation from growing more slowly than the reinforcing loop of population growth—so that people are getting richer instead of poorer.

On an innovation landscape now characterized by flow, capital competes for vehicles in which to invest. Accordingly, interest rates plummet and banks threaten insolvency.

The State is not the hope of the world; it is an institution grounded in the threat of violence, whether via capital punishments or petty bureaucratic intrusions.

Dealing with people, my friends, is really nothing more than a question of the price that one is willing to pay. The better you understand life, the more capital you build.