"Any prosperity policy is a delusion and a path to ruin. There is no economic lesson which the people of the United States need to take to heart more than that. In the second place the Spanish mistakes arose, in part, from confusing the public treasury with the national wealth."
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Academics from the United StatesHistorians from the United StatesLibertarians from the United StatesSociologists from the United StatesLibertarian conservatives‎
Original Language: English
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"The Conquest of the United States by Spain”, speech at Yale 1899 .
https://en.wikiquote.org/wiki/William_Graham_Sumner
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William Graham Sumner
William Graham Sumner (October 30, 1840 – April 12, 1910) was a Classic Liberal American academic and "held the first professorship in sociology" at Yale College.
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