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David Ricardo is without doubt the greatest representative of classical political economy. He carried his work begun by Smith to the farthest point possible without choosing one or the other of the roads which led out of the contradiction inherent in it.

— Eric Roll, Baron Roll of Ipsden

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More quotes by Eric Roll, Baron Roll of Ipsden

Marx is often claimed as inventor of the class struggle while a critical rebuttal is produced by English socialist forerunners, for example Burke.

A History of Economic Thought (1939)

The system is shown not to be self-adjusting. Unless a large class of unproductive consumers was maintained, periodic over-production and stagnation would inevitably occur.

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" The difficulties in economic life arise mainly because men forget divine power,,"

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It is generally conceded that trade and travelers paved the way for capitalistic philosophy further and international industry.

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Ideas appropriate to a past social order have a strange power of influencing thought and action within a later institutional frame work.

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