The criminal law needs to be improved to meet new forms of crime, but to denounce financial devices which are useful and legitimate because use is made of them for fraud, is ridiculous and unworthy of the age in which…

Quote by William Graham Sumner

Topics: William Graham Sumner Quotes

Labor organizations are formed, not to employ combined effort for a common object, but to...

Labor organizations are formed, not to employ combined effort for a common object, but to...

Any one who believes that any great enterprise of an industrial character can be started...

Any one who believes that any great enterprise of an industrial character can be started...

It is the supreme test of a system of government whether its machinery is adequate...

It is the supreme test of a system of government whether its machinery is adequate...

The great hinderance to the development of this continent has lain in the lack of...

The great hinderance to the development of this continent has lain in the lack of...

Men of routine or men who can do what they are told are not hard...

Men of routine or men who can do what they are told are not hard...

It is often said that the earth belongs to the race, as if raw land...

It is often said that the earth belongs to the race, as if raw land...

Civil liberty is the status of the man who is guaranteed by law and civil...

Civil liberty is the status of the man who is guaranteed by law and civil...

We are to see the development of the country pushed forward at an unprecedented rate...

We are to see the development of the country pushed forward at an unprecedented rate...

If I want to be free from any other man's dictation, I must understand that...

If I want to be free from any other man's dictation, I must understand that...

The aggregation of large fortunes is not at all a thing to be regretted.

The aggregation of large fortunes is not at all a thing to be regretted.

A drunkard in the gutter is just where he ought to be, according to the...

A drunkard in the gutter is just where he ought to be, according to the...

Undoubtedly there are, in connection with each of these things, cases of fraud, swindling, and...

Undoubtedly there are, in connection with each of these things, cases of fraud, swindling, and...

What we prepare for is what we shall get.

What we prepare for is what we shall get.

Joint-stock companies are yet in their infancy, and incorporated capital, instead of being a thing...

Joint-stock companies are yet in their infancy, and incorporated capital, instead of being a thing...

The waste of capital, in proportion to the total capital, in this country between 1800...

The waste of capital, in proportion to the total capital, in this country between 1800...

One thing must be granted to the rich: they are goodnatured.

One thing must be granted to the rich: they are goodnatured.

It is a beneficent incident of the ownership of land that a pioneer who reduces...

It is a beneficent incident of the ownership of land that a pioneer who reduces...

Moreover, there is an unearned increment on capital and on labor, due to the presence,...

Moreover, there is an unearned increment on capital and on labor, due to the presence,...

Men never cling to their dreams with such tenacity as at the moment when they...

Men never cling to their dreams with such tenacity as at the moment when they...

A good father believes that he does wisely to encourage enterprise, productive skill, prudent self-denial,...

A good father believes that he does wisely to encourage enterprise, productive skill, prudent self-denial,...