Eric Roll, Baron Roll of Ipsden: Capital

Eric Roll, Baron Roll of Ipsden was British economist. Explore interesting quotes on capital.

Eric Roll, Baron Roll of Ipsden: 48 quotes0 likes

“Whatever his merits as an economist, Hume's place as one of the foremost exponents of capitalism is clearly established. His views on the landed interest and his recognition of self-interest and his desire for accumulation as the driving forces of economic activity in his time helped to consolidate the forces that were struggling to add political power to the economic supremacy which they had already achieved.”

Eric Roll, Baron Roll of Ipsden

Source: A History of Economic Thought (1939), Chapter III, The Founders Of Political Economy, p. 123

“It is generally conceded that mercantile capitalism preceded and prepared the ground for modern industrial capitalism.”

Eric Roll, Baron Roll of Ipsden

Source: A History of Economic Thought (1939), Chapter II, Commercial Capitalism and its Theory, p. 65

“Capitalism had been more revolutionary then any previous social system. It had swept away without scruples old institutions and modes of thought, if they were found to stand in its way.”

Eric Roll, Baron Roll of Ipsden

Source: A History of Economic Thought (1939), Chapter V, Reaction And Revolution, p. 231