The Credit System (Classic Reprint) - Softcover

Inhaltsangabe

Excerpt from The Credit System

Dynamic analysis is impossible, if not naturalistic. Progress consists in the passage, struggle, survival, or escape of an individual or individuals, through a series of environments. Even if the motion double upon itself and appear to be in a circle, it can only be analyzed upon the hypothesis of environments. Biological characterizations are thus indispensable to dynamic explanation. That the fortunes of a man be traced in his economic interests alone, or those of a typical man, or of a dollar, or a dollar's worth, makes no difference in the principle appealed to.

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