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Dudley North Quotes


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Quotes by Dudley North

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No Man is richer for having his Estate all in Money, Plate, etc. lying by him, but on the contrary, he is for that reason the poorer.

~Dudley North

Topics: Contrary Estate Etc Having He Him His Lying Man Money On The Contrary Plate Poorer Reason Richer

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The Question to be considered is, Whether the Government have reason by a Law, to prohibit the taking more than 4 l. per cent Interest for Money lent, or to leave the Borrower and Lender to make their own Bargains.

~Dudley North

Topics: Bargain Borrower Cent Considered Government Interest Law Leave Lent Make Money More Own Per Prohibit Question Reason Taking Than Whether

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Trade is nothing else but a Commutation of Superfluities; for instance: I give mine, what I can spare, for somewhat of yours, which I want, and you can spare.

~Dudley North

Topics: Else Give Instance Mine Nothing Somewhat Spare Trade Want Which You Yours I Can

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And those are the Rich, who transmit what they have to their Posterity; whereby particular Families become rich; and of such are compounded Cities, Countries, Nations, etc.

~Dudley North

Topics: Become Cities Countries Etc Families Nations Particular Posterity Rich Those Transmit Whereby Who

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One rich Man hath Lands, not only more than he can manage, but so much, that letting them out to others, he is supplied with a large over-plus, so needs no farther care.

~Dudley North

Topics: Care Farther Hath He Lands Large Letting Man Manage More Much Needs Only Others Out Rich Rich Man Supplied Than Them

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It is said, that in Holland Interest is lower than in England.

~Dudley North

Topics: England Holland Interest Lower Said Than

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So that it cannot be denied, but the lowering of Interest may, and probably will keep some Money from coming abroad into Trade; whereas on the contrary, high Interest certainly brings it out.

~Dudley North

Topics: Abroad Brings Cannot Certainly Coming Contrary Denied High Interest Keep Lowering May Money On The Contrary Out Some Trade Whereas Will

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It may be said, let him take Money at Interest, and not buy at Time. But then Men must be found, that will lend; the Legislative must provide a Fund to borrow upon.

~Dudley North

Topics: Borrow Buy Found Fund Him Interest Legislative Lend May Men Money Must Provide Said Take Then Time Will

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If any man, out of an humour, should turn all his Estate into Money, and keep it dead, he would soon be sensible of Poverty growing upon him, whilst he is eating out of the quick stock.

~Dudley North

Topics: Any Dead Eating Estate Growing He Him His Humour Keep Man Money Out Poverty Quick Sensible Should Soon Stock Turn Whilst Would

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Nor in truth, can Forreign Trade subsist without the Home Trade, both being connected together.

~Dudley North

Topics: Being Both Connected Home Nor Together Trade Truth Without

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Biography

Nationality: English

Type: Economist

Born: May 10th, 1641

Died: December 31st, 1691

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