Skip to content

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.

— Eric Roll, Baron Roll of Ipsden A History of Economic Thought (1939)

Another quote →

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

A History of Economic Thought (1939)

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

A History of Economic Thought (1939)

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

A History of Economic Thought (1939)

In its origins the utility school was strongly influenced by a desire to strengthen the potentially apologetic character of economics.

A History of Economic Thought (1939)

All Eric Roll, Baron Roll of Ipsden quotes →

Attribution

Quote text and notes from Wikiquote: Eric Roll, Baron Roll of Ipsden (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.