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Quote by Bruce Barton

Work

The Man and the Book Nobody Knows

This book delves into the story of a man's profound connection with a book that remains obscure to the general public, examining the impact of literature on personal identity and the mysteries that lie within lesser-known texts. more

Author

Bruce Barton
Bruce Barton

Bruce Barton was an American author born on August 5, 1886, and passed away on July 5, 1967. Known for his motivational and business-themed works, he was a beloved writer among readers. more

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“History does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government.”

“Well, jobs are a great thing. You have to be a bit careful: If you raise the minimum wage, you’re encouraging labor substitution and you’re going to go buy machines and automate things - or cause jobs to appear outside of that jurisdiction. And so within certain limits, you know, it does cause job destruction. If you really start pushing it, then you’re just making a huge trade-off.”

“True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.”