"No scheme which has ever been devised by them has ever made a collapsed boom go up again." | by: | William Graham Sumner (1840-1910) American classical liberal (now a branch of "libertarianism" in political philosophy), social scientist, professor of sociology, polymath |
Source: | (on political responses to economic 'busts)
The Exploded Booms, The Forgotten Man and Other Essays, p.170 |
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