Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required. – James Buchan
Any new financial order for the world must tackle the three chief challenges of our age. – 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
One of the consequences of the Iranian revolution has been an explosion of history. A country once known only from British consular reports and intrepid travelogues is now awash with historical documents, letters, diaries, grainy video, weblogs and secret police files of questionable authenticity. – James Buchan