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There is nothing more demoralizing than a small but adequate income.

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A bit about Edmund Wilson ...

Edmund Wilson (May 8, 1895 June 12, 1972) was an American writer, noted chiefly for his literary criticism. He was born in Red Bank, New Jersey, and educated first at The Hill School and then Princeton. He began his writing career as a reporter for the New York Sun, and served in the army during the First World War. He was the managing editor of Vanity Fair in 1920 and 1921, and later served on the staffs of The New Republic and The New Yorker.

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