Jamal Awil

← An Engine, Not a Camera

Respect" and "obligation," in their turn, are resources for moral suasion. [fact]

"Respect" and "obligation," in their turn, are resources for moral suasion. The need for collective action did not cease once financial derivatives began to be traded. Members of the Board of Trade and of the Mere had to be persuaded to spend some time, and devote some money, to trading the new products, even though they might not at first offer the same opportunities as more familiar commodities: as the new markets were established, trade in agricultural futures was reviving, for example with the beginning of grain sales to the Soviet Union.

Donald MacKenzie, An Engine, Not a Camera, loc. 687