Lord Acton Quotes
Truth is the only merit that gives dignity and worth to history.
Acton, John Emerich Edward Dalberg. "German Schools of History." Historical Essays and Studies, Macmillan and Co., 1907, p. 344.
He was discussing his unprecedented steps that as Federal Reserve Chairman he took to cope with the Great Recession after the Meltdown of 2008. He had, as a graduate doctoral student, studied the economic history of the Great Depression of 1929 and the government attempts to ameliorate some of the effects. He was one of the few people in government who had this historical perspective.
John Emerich Edward Dalberg-Acton, 1st Baron Acton, 13th Marquess of Groppoli, better known as Lord Acton, was an English Catholic historian, politician, and writer. He was the only son of Sir Ferdinand Dalberg-Acton, 7th Baronet, and a grandson of the Neapolitan admiral and prime minister Sir John Acton, 6th Baronet. Between 1837 and 1869 he was known as Sir John Dalberg-Acton, 8th Baronet.
