Quotes from William N. Goetzmann

All the ingredients were there: mechanization, innovation, property rights, and capital.

Seaford goes so far as to suggest that the money economy influenced Platonic and Aristotelian notions of the individual.

The power of finance to effect such important transitions in world history is that it moves economic value forward and backward through time.

In essence, financial technology is a time machine we have built ourselves.

The central argument of this book is that financial innovations emerged to solve economic problems of time and geography, but they inevitably engendered new