“In the great depression, things could only be set right by causing the idle plant to work again . . . Roosevelt . . . spent billions of public money and created a huge public debt, but by so doing he revived production and brought his country out of the depression. Businessmen, who in spite of such a sharp lesson continued to believe in old-fashioned economics, were infinitely shocked, and although Roosevelt saved them from ruin, they continued to curse him and to speak of him as 'the madman in the White House.' . . . [It's one more] striking example of inability to learn from experience.”
Quote by Bertrand Russell
Author
Bertrand Russell
Bertrand Russell was a British philosopher, mathematician, and logician born on May 18, 1872, and died on February 2, 1970. He is known for his contributions to logic and mathematics, particularly in the fields of mathematical logic and philosophical analysis. His works spanned a wide range of subjects, including ethics, political philosophy, history, and literary criticism. more
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