"Everybody knows that the same sum of money is of much greater value to a poor man that to a rich one. Give £10 a year to the man who has but £10 a year, you double his income, and you nearly double his enjoyments. Add £10 more, you do not add to his enjoyments so much as you did by the first £10. The third £10 is less valuable than the second, and the fourth less valuable than the third. To the possessor of £1,000 a year the addition of £10 would be scarcely perceptible; to the possessor of £10,000 it would not be worth slooping for.The richer a man is the less he is benefited by any further addition to his income. The man of £4,000 a year has four times the income of the man who has but £1,000; but does anybody suppose that he has four times the happiness?"
More by John Stuart Mill
See allResonant Thoughts
"Now, to balance the scale, I'd like to talk about some things that bring us together, things that point out our similarities instead of our differences. 'Cause that's all you ever hear about in this c…"
Explore Further
Related Quotes
"Peace is only better than war if peace is not hell too. War being hell makes sense."
— Walker Percy"Physical things are perceptual things. They also arise within the act... It is in the operation with these …"
— George Herbert Mead"Lewis Carroll's Logic Game"
— Lewis Carroll"I am so proud of our system of government, of our free enterprise, where our incentive system and our men w…"
— Lyndon B. Johnson"The type for the great newspaper is set up by linotype operators. Apprenticeship is rigorously limited. Som…"
— Harrington Emerson"A Christian will consider a tyrannical person bossing a city brutally a lesser evil than a whole city lynch…"
— Erik von Kuehnelt-Leddihn