The policy of letting things alone, in the practical sense that the Government should never interfere with business or go into business itself, is called Laisser-faire by economists and politicians. It has broken down so completely in practice that it is now discredited; but it was all the fashion in politics a hundred years ago, and is still influentially advocated by men of business and their backers who naturally would like to be allowed to make money as they please without regard to the interest of the public.
Higher education cannot be a luxury reserved just for a privileged few. It is an economic necessity for every family. And every family should be able to afford it.
Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.
This whole business of Trade gives me to pause and think, as it constitutes false relations between men; inasmuch as I am prone tocount myself relieved of any responsibility to behave well and nobly to that person who I pay with money, whereas if I had not that commodity, I should be put on my good behavior in all companies, and man would be a benefactor to man, as being himself his only certificate that he had a right to those aids and services which each asked of the other.
In a global economy where the most valuable skill you can sell is your knowledge, a good education is no longer just a pathway to opportunity - it is a prerequisite.
He remembered poor Julian [actually F. Scott Fitzgerald] and his romantic awe of them and how he had started a story once that began, "The very rich are different from you and me." And how someone had said to Julian, "Yes, they have more money."
Trade it may help, society extend,
But lures the Pirate, ant corrupts the friend:
It raises armies in a nation's aid,
But bribes a senate, and the land's betray'd.
All things are sold: the very light of heaven is venal; earth's unsparing gifts of love, the smallest and most despicable things that lurk in the abysses of the deep, all objects of our life, even life itself, and the poor pittance which the laws allow of liberty, the fellowship of man, those duties which his heart of human love should urge him to perform instinctively, are bought and sold as in a public mart of not disguising selfishness, that sets on each its price, the stamp-mark of her reign.