Absolute freedom of the press to discuss public questions is a foundation stone of American liberty.
Herbert HooverRead
Prosperity cannot be restored by raids upon the public Treasury.
Interpretation
What this quote means
True economic prosperity cannot be achieved through reckless spending of public funds.
This quote by Herbert Hoover emphasizes that genuine economic prosperity cannot be obtained by merely extracting funds from the government treasury or by making irresponsible financial decisions. It highlights the importance of sustainable economic policies and responsible management of public resources to foster real growth and stability in society.
Themes
ProsperityEconomyTreasurySpendingSustainability
In practice
Example use cases
This quote can be used during a discussion on fiscal responsibility in government.
More from Herbert Hoover
All quotes βNo prosaic description can portray the grandeur of 40 miles of rugged mountains rising beyond a placid lake in which each shadowy precipice and each purple gorge is reflected with a vividness that rivals the original.
Herbert HooverRead
Blessed are the young for they shall inherit the national debt.
Herbert HooverRead
Peace is not made at the council table or by treaties, but in the hearts of men.
Herbert HooverRead
Words without actions are the assassins of idealism.
Herbert HooverRead
There is no more cruel illusion than that war makes a people richer.
Herbert HooverRead
Similar quotes
That's the world we live in: when it comes to economics, people have emotions; it's not like chemistry or physics.
Robert J. ShillerRead
Today, the average Korean works a thousand hours more a year than the average German. A thousand. ... That is the end of the Great Divergence.
Niall FergusonRead
Just as we should never balance the budget on the backs of the poor, so it is an economic delusion to think you can balance it only on the wallets of the rich.
George OsborneRead
In Europe and the United States the two decades following the Second World War will for long be remembered as a very good time, the time when capitalism really worked. Everywhere in the industrialized countries production increased. Unemployment was everywhere low. Prices were nearly stable. When production lagged and unemployment rose, governments intervened to take up the slack, as Keynes had urged.
John Kenneth GalbraithRead
When people from organizations like the World Bank descended on Third World countries, they always tried to remove obstacles to development, to reduce economic anxiety and uncertainty.
Malcolm GladwellRead
The only way to make sure no bank is too big to fail is to make sure no bank is too big.
Robert ReichRead