We estimate the wisdom of nations by seeing what they did with their surplus capital.

About Ralph Waldo Emerson

Ralph Waldo Emerson (May 25, 1803 – April 27, 1882), who went by his middle name Waldo, was an American essayist, lecturer, philosopher, minister, abolitionist, and poet who led the transcendentalist movement of the mid-19th century. He was seen as a prescient critic of the countervailing pressures of society and...