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John Buchanan Robinson Quotes


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Quotes by John Buchanan Robinson

Showing 11-20 of 27 Quotes by John Buchanan Robinson

But the egoist has no ideals, for the knowledge that his ideals are only his ideals, frees him from their domination. He acts for his own interest, not for the interest of ideals.

~John Buchanan Robinson

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In brief, egoism in its modern interpretation, is the antithesis, not of altruism, but of idealism.

~John Buchanan Robinson

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The egoist is fooled by no ideals: he discards them or uses them, as may suit his own interest.

~John Buchanan Robinson

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Sometimes, instead of purchasing a commodity out and out, people want to buy only the use of it, for a longer or shorter period. The price paid for such temporary use is commonly called hire.

~John Buchanan Robinson

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In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.

~John Buchanan Robinson

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Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.

~John Buchanan Robinson

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Modern money is almost altogether credit money.

~John Buchanan Robinson

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The business of a bank is to lend money; which amounts, nowadays, to lending credit.

~John Buchanan Robinson

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In this way, the charge that the bank makes for the use of its notes - the interest - is a continual and universal tax upon all the members of the community.

~John Buchanan Robinson

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Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price.

~John Buchanan Robinson

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Biography

Nationality: American

Type: Politician

Born: May 23rd, 1846

Died: January 28th, 1933

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