Inflation, especially a slow steady rise in prices, encourages producers, because it means that they can commit themselves to costs of production on one price level and then, later, offer the finished product for sale at a somewhat higher price level. This situation encourages production because it gives confidence of an almost certain profit margin.
Carroll QuigleyHitler's economic revolution in Germany had reduced financial considerations to a point where they played no role in economic or political decisions
Carroll QuigleyThe very idea that there is some kind of conflict between science and religion is completely mistaken. Science is a method for investigating experience... Religion is the fundamental, necessary internalization of our system of more permanent values.
Carroll QuigleyA civilization is complicated, in the first place, because it is dynamic; that is, it is constantly changing in the passage of time, until it has perished.
Carroll QuigleyIslam, the third in historical sequence of the ethical monotheistic religions of the Near East, was very successful in establishing its monotheism, but had only very moderate success in spreading its version of Jewish and Christian ethics to the Arabs.
Carroll QuigleyI came into history from a primary concern with mathematics and science. This has been a tremendous help to me as a person and as a historian, although it must be admitted it has served to make my historical interpretations less conventional than may be acceptable of many of my colleagues in the field.
Carroll Quigley