Brooks Adams

Brooks Adams

Summary

Portrait of Brooks Adams Brooks Adams The Law of Civilization and Decay… (1896 | notes)

My observations led me to suppose that the coinage might be such a medium, and I ultimately concluded that, if the development of a mercantile community is to be understood, it must be approached through its money.
Another conviction forced upon my mind, by the examination of long periods of history, was the exceedingly small part played by conscious thought in moulding the fate of men. At the moment of action the human being almost invariably obeys an instinct, like an animal; only after action has ceased does he reflect.
Source: Wikisource

Portrait of Brooks Adams Brooks Adams The Law of Civilization and Decay… (1896 | notes)

Whenever a race is so richly endowed with the energetic material that it does not expend all its energy in the daily struggle for life, the surplus may be stored in the shape of wealth; and this stock of stored energy may be transferred from community to community, either by conquest, or by superiority in economic competition.
However large may be the store of energy accumulated by conquest, a race must, sooner or later, reach the limit of its martial energy, when it must enter on the phase of economic competition.
Source: Wikisource

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