"Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required."
― James Buchan
Topic(s):
Business
― James Buchan
More From James Buchan
- "If good history is dispassionate history, it must naturally wait until the passions of the period subside."
- "Even before he came to power in 1997, Gordon Brown promised to change the accounts to parliament from simple litanies of cash in and cash out, to a more commercial system that took notice of the public property the departments were using. This system is known as resource accounting."
- "Governments of rich countries spend some $6bn of tax money a year on disaster relief and development aid overseas, while each new earthquake, famine or tidal wave can attract 1,000 aid organisations, from the United Nations Children’s Fund and Oxfam to the ‘Jesus Brigades’ of the American south and other charitable adventurers."
More In Business
- "Charity begins at home, but should not end there."― Thomas Fuller
- "But I believe in fair trade, and I will tell you, I have many, many friends heading up corporations, and people that do just business in China, they say it’s virtually impossible. It’s very, very hard to come into China. And yet, we welcome them with open arms."― Donald Trump
- "America’s political system has evolved over the last 50 years in ways that have enhanced the power of business lobbies."― Al Gore