Economic depression can not be cured by legislative action or executive pronouncement.
About this quote
- What does it mean?
- Economic depression cannot be fixed by laws or executive orders alone.
- In plain terms
- Laws and orders cannot fix a bad economy.
- What can you take from it?
- Avoid relying only on legislation to cure economic depression.
Where it applies
Putting it to work
Questions to consider
- What actually cures depression?
- What are laws good for?
Another view
Legislation can still play a supportive role in economic recovery.
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