Unknown

Money is like manure. Pile it high and it stinks. Spread it around and it nurtures growth and well-being.

Douglas Rushkoff

The Industrial Age was based on a new relationship with time. Instead of paying people for the things they produced, we began to pay people for their time. The Industrial Age also brought a new kind of time-based money. In order to transact, merchants and companies needed to borrow coin, and then pay it back with interest. In a sense, it is money with a … [ Read more ]

Jerry Z. Muller

It’s a commonplace that there are some things money can’t buy. [Georg] Simmel had a more striking insight: Having money can actually be more satisfying than having the things money can buy. That’s because…money has a “surplus value.” A person with money enjoys the added satisfaction of having a choice of things to buy: “The value of a given amount of money is equal to … [ Read more ]

Myra M. Hart

Many women say, “I have enough money.” I rarely hear a man say that. And it’s because money is different to men and women. I think, for men, money is often a symbol of their power; it’s not for what can they buy. For women, money is not usually how they measure their success. It’s not that they don’t want it; but they want it … [ Read more ]

Charles Handy

Africans speak of two hungers: the lesser hunger — for the goods and services that sustain us and the means to pay for them, and the greater hunger, which has to do with understanding what life is all about.

Today, that greater hunger is even keener, for workers and executives the world over. And I worry that the only way people can satisfy it is though … [ Read more ]

Henrik Ibsen

Money may be the husk of many things, but not the kernel. It buys you food, but not appetite; medicine, but not health; acquaintances, but not friends; servants, but not loyalty; days of joy, but not peace or happiness.

Jay W Lorsch and Thomas J Tierney

Maximizing one of life’s variables (such as net worth) usually comes at the direct expense of others (such as free time). More money is better only if the tradeoffs it requires don’t undermine other dimensions of your desired point of arrival. Even the wealthiest among us agree that at some level, money has diminishing marginal returns. But since money is a common scorecard, it can … [ Read more ]

Unknown

Money doesn’t have the emotional content of a real motivator. Money is a satisfier, not a motivator. When you don’t have it, it’s all you can think about. But when you have it, you don’t really think about it. Motivation decreases as appetite for money is satisfied.

Robert Bosch

I don’t pay good wages because I have a lot of money; I have a lot of money because I pay good wages.