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John Stuart Mill

2 quotes1 research pieces1 downloadable PDFs

Quotes(2)

“As a rule, Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works.”
Source:On Credit Cycles, and the Origin of Commercial Panics
“The malady of commercial crisis is not, in essence, a matter of the purse but of the mind.”
Source:On Credit Cycles, and the Origin of Commercial Panics

Research & Reading(1)

On Liberty