Eric Roll, Baron Roll of Ipsden: Power

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

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

“The difficulties in economic life arise mainly because men forget divine power”

Eric Roll, Baron Roll of Ipsden

Source: A History of Economic Thought (1939), Chapter V, Reaction And Revolution, p. 220

“The physiocrats started a train of thought which was a powerful stimulus to the development of a labour theory of value and surplus value. They did not, however develop such a theory of value themselves. What attention they gave to the problem of exchange-value and price produced results of an altogether different character. Thus while one of their contributions finds its continuation in Smith, Ricardo, and Marx, the other leads to the post-classical supply and demand and utility theories of value.”

Eric Roll, Baron Roll of Ipsden

Source: A History of Economic Thought (1939), Chapter III, The Founders Of Political Economy, p. 135

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

Eric Roll, Baron Roll of Ipsden

Introduction, p. 17
A History of Economic Thought (1939)