Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required. – James Buchan
In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination. – James Buchan
To make a love story, you need a couple of young people, but to reflect on the nature of love, youre better off with old ones. That is a fact of life and literature – and of the novel ever since it fell in love with love in the 18th century. – James Buchan
The truth is, of course, that history is not completed in modern commerce any more than philosophy is perfected in political economy. In other words, there is nothing timeless or God-given about filling stations and penicillin and plastic bags. – James Buchan