Walter Wriston Quotes
Human capital will go where it is wanted, and it will stay where it is well treated. It cannot be driven; it can only be attracted.
Capital goes to where it can escape taxation and be used to pay employees in sacks of rice.
The information revolution has changed wealth. Intellectual capital is far more important than money.
One man saying that everything is wrong can command coast-to-coast attention in living color, a power not given to an absolute monarch a century ago.
All the Congress, all the accountants and tax lawyers, all the judges, and a convention of wizards all cannot tell for sure what the income tax law says.
Rising prices or wages do not cause inflation; they only report it. They represent an essential form of economic speech, sincemoney isjust another form of information.
As long as capital-both human and money-can move toward opportunity, trade will not balance.
The Doomsayers have always had their uses, since they trigger the coping mechanism that often prevents the events they forecast.
It is a maxim of cryptology that what one man can devise, another can unravel. This principle keeps armies of tax lawyers and accountants employed, but adds nothing to our national productivity.
