To: arete
"Its not productivity that creates wealth. Its investment spending alone and not consumer spending that propels economic growth. The wealth effects of free enterprise have always accrued through the building of factories, not through the stock market or reckless consumer borrowing and spending."
Great post! I've printed this out for my family to read. There are more good quotes here than I've seen in any 10 financial articles posted here.
15 posted on
12/25/2002 3:49:07 PM PST by
rohry
To: rohry
There are more good quotes here than I've seen in any 10 financial articles posted hereYeah, I thought that you might like this interview. He's one of them Austraian guys. :-)
Richard W.
16 posted on
12/25/2002 4:19:10 PM PST by
arete
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