Franklin D. Roosevelt Quotes About Economics
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We have always known that heedless self-interest was bad morals; we know now that it is bad economics. Out of the collapse of a prosperity whose builders boasted their practicality has come the conviction that in the long run economic morality pays.
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But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.
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Economic diseases are highly communicable. It follows therefore that the economic health of every country is a proper matter of concern to all its neighbors, near or distant.
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It is the habit of the unthinking to turn to the illusions of economic magic. These unhappy times call for the building of plans that put their faith once more in the forgotten man at the bottom of the economic pyramid
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We have always known that heedless self interest was bad morals, we now know that it is bad economics.
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Franklin D. Roosevelt
- Born: January 30, 1882
- Died: April 12, 1945
- Occupation: 32nd U.S. President