Ideas appropriate to a past social order have a strange pow… - Eric Roll, Baron Roll of Ipsden

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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.

Eric Roll, Baron Roll of Ipsden

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About Eric Roll, Baron Roll of Ipsden

Eric Roll CB, KCMG (1 December 1907 – 30 March 2005) was an economist, public servant, and banker. He was made a life peer in 1977.

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Alternative Names: Eric Roll • Eric Roll, 1st Baron Roll of Ipsden

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Robert Heilbroner Karl Polanyi John Maynard Keynes Karl Marx Joan Robinson

Additional quotes by Eric Roll, Baron Roll of Ipsden

Adam Smith himself was under no allusion about the desire of individuals, particularly business men, to create privileged positions for themselves. While historically wealth was limited to title and impassable to peasantry.

The merchant and the industrialist.

Since the earth can yield its cultivator more then he needs for his own subsistence, the surplus can be appropriated by another class. Thus creating an eco system of abundant resources that is expandable.

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

About Eric Roll, Baron Roll of Ipsden

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