Ralph Waldo Emerson Quotes
We commonly say that the rich man can speak the truth, can afford honesty, can afford independence of opinion and action;--and that is the theory of nobility. But it is the rich man in a true sense, that is to say, not the man of large income and large expenditure, but solely the man whose outlay is less than his income and is steadily kept so.
Emerson, Ralph Waldo. The Conduct of Life. Ticknor and Fields, 1860, p. 104.
Ralph Waldo Emerson, who went by his middle name Waldo, was an American essayist, lecturer, philosopher, abolitionist and poet who led the transcendentalist movement of the mid-19th century. He was seen as a champion of individualism and a prescient critic of the countervailing pressures of society, and he disseminated his thoughts through dozens of published essays and more than 1,500 public lectures across the United States.