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Century Quotes

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Century Quotes

“By the end of the Twentieth Century, taxation will be reduced to a minimum, the entire world will be open to trade, and there will be no need of a standing army.”

World Needs Ends Century Standing Army Trade Minimum Taxation Twentieth Century

Author:Erastus Wiman

“The orthodox doctrines of economics which were dominant in the last quarter of the nineteenth century had a clear message. They supported laisser faire, free trade, the gold standard, and the universally advantageous effects of the pursuit of profit by competitive private enterprise.”

Source: Economic heresies: some old-fashioned questions in economic theory

“Wealth from trade was the mainspring of Western material advance; the visible agents of change were great guns. These came of age in Europe in the 15th century. On land their potency in reducing castle walls favoured central over local power, since in general only monarchs could afford siege-trains; so nation-states were consolidated and extended into great territorial empires. At sea, guns transformed sailing ships into mobile castles virtually impregnable to opponents who lacked equally powerful ordnance. With the ocean-going gunned warship, western Europe began to extend around the globe.”

“Our Twentieth Century has proved to be more cruel than preceding centuries, and the first fifty years have not erased all its horrors. Our world is rent asunder by those same old cave-age emotions of greed, envy, lack of control, mutual hostility which have picked up in passing respectable pseudonyms like class struggle, radical conflict, struggle of the masses, trade-union disputes.”

“Stewart Davenport conscientiously and insightfully re-creates the world of the nineteenth-century political economists, who taught that the principles of international trade manifested, like the laws of biology and physics, the intelligent design of a Divine Creator.”

World Law Political Principles Century Design Taught Divine Intelligent Trade International Creator Physics Biology Economist Nineteenth Century Intelligent Design International Trade

Author:Daniel Walker Howe

“We had much freer trade in the 19th century. We have much less globalization now than we did then.”

Century Trade Globalization 19th Century

Author:Milton Friedman

“It hurt the economic historians, the Marxists and the fabians, to admit that the Ten Hour Bill, the basic piece of 19th century legislation, came down from the top, out of aa nobleman's private feelings about the Gospel, or that the abolition of the slave trade was achieved, not through the operation of some "law" of profit and loss, but peurlet as the result of tyhe new humanitarianism of the Evangelicals.”