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Money is indispensable to a long-circuit heavy load energy system. It must be used when a sufficient surplus is being produced to allow a margin for … - Isabel Paterson
" "Money is indispensable to a long-circuit heavy load energy system. It must be used when a sufficient surplus is being produced to allow a margin for exchange, and cost of transport, over a considerable distance. Money represents a storage battery when idle, and a generalized mode of the conversion of energy when it is in motion, with a function of equating time and space.
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About Isabel Paterson
Isabel Paterson (22 January 1886 – 10 January 1961) was a best-selling writer, influential literary critic, and libertarian philosopher.
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Birth Name:
Isabel Mary Bowler
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Additional quotes by Isabel Paterson
But when the good people do know, as they certainly do, that three million persons (at the least estimate) were starved to death in one year by the methods they approve, why do they still fraternize with the murderers and support the measures? Because they have been told that the lingering death of the three millions might ultimately benefit a greater number. The argument applies equally well to cannibalism.
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