Deals Quote by Ludwig von Mises
“The comparatively greater prosperity of the United States is an outcome of the fact that the New Deal did not come in 1900 or 1910, but only in 1933.”
About This Quote
Source Book: Human Action, Ludwig von Mises, 1949
The United States became more prosperous because the New Deal was implemented later, allowing earlier economic growth before intervention.
In simple terms: Later intervention helped preserve prosperity.
Key Takeaway
Recognize timing matters in policy.
Themes
economics
history
policy
prosperity
Mood
analytical
reflective
Type
historical
economic
When to use this quote
- economic planning
- business development
- government reform
- historical analysis
Key Concepts
spontaneous order
government intervention
business cycles
Questions to Reflect On
- How does timing affect policy success?
- What other policies benefited from delayed implementation?
A Different Perspective
Later interventions can also cause stagnation if mistimed.
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