A universal standard of value, money was also a universal solvent of other standards of value. Custom, tradition, morality—all dissolved, as Karl Marx and
Quotes
Wright on long term perspective
No, he had not conquered the air, Wilbur remarked to the press as he walked away. “A man who works for the immediate present
obscure paper breaks story of Wright flight
He was also deeply religious, a Sunday School teacher, an active supporter of the temperance movement, and enjoyed conveying his thoughts and ideas on
Wright’s ignored by locals
“Have you heard what they’re up to out there?†people in town would say. “Oh, yes,†would be the usual answer, and the conversation
strarvation in china under Mao
Before 1958 was out, there were already widespread food shortages in vast swaths of China’s countryside. Millions of people would die of starvation in the
sports betting
A professional sports bettor like Voulgaris might place a bet only when he thinks he has at least a 54 percent chance of winning
Bloomberg on doing things differently
“Doing things differently has been basic Bloombergfrom day one. If the world’s going left we often go right,†the sometimes bellicose and boastful executive
lotteries
The most flagrant exploitation ofthis “unhealthy excitement†was the lottery, which demoralized the poor with its false promises of instant success, encouraging their “neglect
Money necessary to avoid flattery and groveling
overty or disaster except as it affected his wife and children—for their sake, investments had to be chosen conservatively. The bottom line was to
beating of schoolchildren
One case Boswell lost was a defense of a schoolmaster who had thrashed his pupils violently. During a London visit he brought it up