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
Prosperous farmers mean more employment, more prosperity for the workers and the business men of every industrial area in the whole country.
Franklin D. RooseveltRead
There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.
Frederic BastiatRead
The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis; substantial fiscal resources were necessary.
Ben BernankeRead
What brought mass innovation to a nation was not scientific advances - its own or others' - but 'economic dynamism': the desire and the space to innovate.
Edmund PhelpsRead
In a mature economy like India's, which is becoming modern and a financially-oriented economy, an independent central bank, responsible central bank, is really central to success.
Ben BernankeRead
The collapse of the world's banking system and the impending disaster of accelerating climate change are not separate phenomena. They are simply the most visible symptoms of a particular model of capitalism that will bring civilisation to its knees. But those symptoms will not get sorted unless and until we commit to a radical transformation of the way we create and distribute wealth in the world today
Jonathon PorrittRead