Eric Roll, Baron Roll of Ipsden Quote
The expenses of the royal household, wars, and lavish public building were financed by tolls and the profits of the king's foreign trade monopoly, by conscription of labour and heavy taxation. The results were impoverishment of the masses, alienation of land, and the development of a proletariat.
Chapter I, The Beginnings, p. 25 - A History of Economic Thought (1939)
