Skip to content

Federal government Quote by Murray Rothbard

“Leading the boom of 1838 were state governments, who, finding themselves with the unexpected windfall of a distributed surplus from the federal government, proceeded to spend the money wildly and borrow even more extravagantly on public works and other uneconomic forms of 'investment.'” quote by Murray Rothbard
Download Open image
“Leading the boom of 1838 were state governments, who, finding themselves with the unexpected windfall of a distributed surplus from the federal government, proceeded to spend the money wildly and borrow even more extravagantly on public works and other uneconomic forms of 'investment.'”

Murray Rothbard

2.3 out of 5 (10 ratings)

More by Murray Rothbard

Explore all 227 Murray Rothbard quotes

More Federal government quotes

Browse all 1,118 Federal government quotes