On Money

“Nobody spends someone else’s money as wisely as he spends his own."

Milton Friedman, free-market economist and Nobel laureate

“Money often costs too much."

Ralph Waldo Emerson, American philosopher and poet

“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."

Thomas Jefferson, 3rd American president and principal author of the Declaration of Independence

“Time will take your money, but money won’t buy time."

James Taylor, singer-songwriter and guitarist

“Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars."

Warren Buffett, master investor, CEO of Berkshire Hathaway, and second wealthiest person in the world

Published: November 17, 2006 Last updated: November 17, 2006

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