Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves.

Quote by Herbert Hoover

Topics: Economics Quotes

I'm the only person of distinction who has ever had a depression named for him.

I'm the only person of distinction who has ever had a depression named for him.

If the law is upheld only by government officials, then all law is at an...

If the law is upheld only by government officials, then all law is at an...

It is well to remember that the office of Chief Executive is in part a...

It is well to remember that the office of Chief Executive is in part a...

We have not yet reached the goal but... we shall soon, with the help of...

We have not yet reached the goal but... we shall soon, with the help of...

My country owes me nothing. It gave me, as it gives every boy and girl,...

My country owes me nothing. It gave me, as it gives every boy and girl,...

With impressive proof on all sides of magnificent progress, no one can rightly deny the...

With impressive proof on all sides of magnificent progress, no one can rightly deny the...

When we are sick, we want an uncommon doctor; when we have a construction job...

When we are sick, we want an uncommon doctor; when we have a construction job...

Older men declare war. But it is the youth that must fight and die.

Older men declare war. But it is the youth that must fight and die.

The use of the atomic bomb, with its indiscriminate killing of women and children, revolts...

The use of the atomic bomb, with its indiscriminate killing of women and children, revolts...

My country owes me nothing. It gave me, as it gives every boy and girl,...

My country owes me nothing. It gave me, as it gives every boy and girl,...

Children are our most valuable natural resource.

Children are our most valuable natural resource.

In the great mass of our people there are plenty individuals of intelligence from among...

In the great mass of our people there are plenty individuals of intelligence from among...

America - a great social and economic experiment, noble in motive and far-reaching in purpose.

America - a great social and economic experiment, noble in motive and far-reaching in purpose.

When the war closed we were challenged with a peace-time choice between the American system...

When the war closed we were challenged with a peace-time choice between the American system...

About the time we think we can make ends meet, somebody moves the ends.

About the time we think we can make ends meet, somebody moves the ends.

Prosperity cannot be restored by raids upon the public Treasury.

Prosperity cannot be restored by raids upon the public Treasury.

Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be...

Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be...

We are endeavoring, too, to reduce the government to the practice of a rigorous economy,...

We are endeavoring, too, to reduce the government to the practice of a rigorous economy,...

Even the striving for equality by means of a directed economy can result only in...

Even the striving for equality by means of a directed economy can result only in...

The language of economics is seldom limpid, but in H Street they usually manage to...

The language of economics is seldom limpid, but in H Street they usually manage to...