The Credit System (Classic Reprint)

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Excerpt from The Credit SystemDynamic analysis is impossible, if not naturalistic. Progress consists in the passage, struggle, survival, or escape of an individual or individuals, through a series of environments. Even if the motion double upon itself and appear to be in a circle, it can only be analyzed upon the hypothesis of environments. Biological characterizations are thus indispensable to dynamic explanation. That the fortunes of a man be traced in his economic interests alone, or those of a typical man, or of a dollar, or a dollar's worth, makes no difference in the principle appealed to.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.