BusinessQuotes

Harold Evans, About IBM and FDR

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  • The New Deal made IBM. All those machines in warehouses were suddenly in demand – not just by the government but by every company in the country required to maintain the records of millions of workers and calculate how much of every employee’s hourly and weekly earnings should be paid into the Social Security fund that began operating in 1935. Not surprisingly, Watson told his son that “the average businessman’s opinion on what is right and wrong for this country is almost always wrong.

  • — Harold Evans, About IBM and FDR
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Quotes

Carnegie wrote to himself the following: 'Man must have an idol- the amassing of wealth is one of the worst species of idolatry. No idol more debasing than the worship of money. Whatever I engage in I must push inordinately therefore should I be careful to choose that life which will be most elevating in character.'

—Richard Tedlow
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