Henry David Thoreau: Price = Life Spent
on Saturday, November 21, 2015Henry David Thoreau Money Quotation saying we must measure how much of our lives is devoted to paying for our possessions. Henry David Thoreau said:
“The cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run” — Henry David Thoreau
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In this quote, Rolf Nelson is discussing how wages work as a form of payment for labor or a person’s time. He is saying that when someone is paid wages, they are essentially trading or exchanging a portion of their lifetime or time spent working in exchange for money (their wages).
The “price tag” he refers to is the dollar amount of the wages. This price tag or dollar figure is simply a measurement or quantification of how much of the person’s lifetime or time they are trading in exchange for that amount of money.
So in essence, the quote is saying that wages represent the trading of a person’s time spent working for monetary compensation, and the wages amount itself just represents how much of their time is being purchased.
