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 QuigleyBy the winter of 1945-1946, the Russian peoples were being warned of the dangers from the West
Carroll QuigleyThe traditional Christian attitude toward human personality was that human nature was essentially good and that it was formed and modified by social pressures and training.
Carroll QuigleyNo slave system has ever been able to continue to function on the slaves provided by its own biological reproduction because the rate of human reproduction is too slow and the expense from infant mortality and years of unproductive upkeep of the young make this prohibitively expensive. This relationship is one of the basic causes of the American Civil War, and was even more significant in destroying ancient Rome.
Carroll QuigleyAfter years of work in both areas of study, I concluded that the social sciences were different, in many important ways, from the natural sciences, but that the same scientific methods were applicable in both areas, and, indeed, that no very useful work could be done in either area except by scientific methods.
Carroll Quigley