"Knowledge is like money: to be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value"
About this Quote
The metaphor does double work. It flatters the reader’s practicality (you’re not the type to collect trivia), while also scolding the possessive instinct that can attach to knowledge: the gatekeeping professor, the proprietary “expert,” the person who withholds insight to keep leverage. Circulation is both intellectual (sharing ideas, teaching, arguing) and social (letting information change hands so more people can act). In that sense, L’Amour anticipates an economy of attention before the internet made “sharing” a default verb: knowledge grows through exchange, because contact produces variation, correction, and new combinations. A fact told to one person stays a fact; tested in conversation, it becomes something sturdier - or gets replaced.
The “hopefully” is the tell. He’s not claiming a guaranteed upward curve; he’s acknowledging the risk of dilution, misunderstanding, or cheapened repetition. Circulation can inflate nonsense, too. Still, his wager is optimistic and very American: the best knowledge behaves like capital invested in other people, compounding through use rather than sequestered for purity.
Quote Details
| Topic | Knowledge |
|---|---|
| Source | Later attribution: Knowledge Management Tools and Techniques (Madanmohan Rao, 2012) modern compilationISBN: 9781136389610 · ID: bsgJBAAAQBAJ
Evidence:
... Knowledge is like money: To be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value. Louis L'Amour Introduction The management of intellectual property and of knowledge challenges in a ... |
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Citation Formats
APA Style (7th ed.)
L'Amour, Louis. (2026, March 23). Knowledge is like money: to be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value. FixQuotes. https://fixquotes.com/quotes/knowledge-is-like-money-to-be-of-value-it-must-107893/
Chicago Style
L'Amour, Louis. "Knowledge is like money: to be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value." FixQuotes. March 23, 2026. https://fixquotes.com/quotes/knowledge-is-like-money-to-be-of-value-it-must-107893/.
MLA Style (9th ed.)
"Knowledge is like money: to be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value." FixQuotes, 23 Mar. 2026, https://fixquotes.com/quotes/knowledge-is-like-money-to-be-of-value-it-must-107893/. Accessed 4 Apr. 2026.











