Any prosperity policy is a delusion and a path to ruin. There is no economic lesson which the people of the United States need to take to heart more … - William Graham Sumner

" "

Any prosperity policy is a delusion and a path to ruin. There is no economic lesson which the people of the United States need to take to heart more than that. In the second place the Spanish mistakes arose, in part, from confusing the public treasury with the national wealth.

English
Collect this quote

About William Graham Sumner

William Graham Sumner (October 30, 1840 – April 12, 1910) was a Classic Liberal American academic and "held the first professorship in sociology" at Yale College.

Also Known As

Alternative Names: William G. Sumner William Sumner
Go Premium

Support Quotewise while enjoying an ad-free experience and premium features.

View Plans

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by William Graham Sumner

Gentlemen, the time is coming when there will be two great classes, Socialists, and Anarchists. The Anarchists want the government to be nothing, and the Socialists want government to be everything. There can be no greater contrast. Well, the time will come when there will be only these two great parties, the Anarchists representing the laissez faire doctrine and the Socialists representing the extreme view on the other side, and when that time comes I am an Anarchist.

Limited Time Offer

Premium members can get their quote collection automatically imported into their Quotewise collections.

Loading...