Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.
quote by John Buchanan Robinson
Added by Lucian Velea
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But the egoist has no ideals, for the knowledge that his ideals are only his ideals, frees him from their domination. He acts for his own interest, not for the interest of ideals.
quote by John Buchanan Robinson
Added by Lucian Velea
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Sometimes, instead of purchasing a commodity out and out, people want to buy only the use of it, for a longer or shorter period. The price paid for such temporary use is commonly called hire.
quote by John Buchanan Robinson
Added by Lucian Velea
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But egoism is more than this. It is the realization by the individual that he is above all institutions and all formulas; that they exist only so far as he chooses to make them his own by accepting them.
quote by John Buchanan Robinson
Added by Lucian Velea
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When not only gold but all commodities are available for the redemption of the paper currency, its volume is limited only by the value of all the wealth of the country, and it can never become insecure up to this limit.
quote by John Buchanan Robinson
Added by Lucian Velea
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Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price.
quote by John Buchanan Robinson
Added by Lucian Velea
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It was the king's army, the king's people, the king's taxes; and he who questioned the propriety of the royal prerogative of taking from his people without return or accounting, was reckoned, and felt himself to be, a criminal, guilty of the highest crime of disloyalty.
quote by John Buchanan Robinson
Added by Lucian Velea
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