PHILOSOPHY > philosopher, poet, essayist > Ralph Waldo Emerson

Ralph Waldo Emerson: Solvency is maintained...

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Solvency is maintained by means of a national debt, on the principle, If you will not lend me the money, how can I pay you?

Source: English Traits, Ability, 1856.
-- Ralph Waldo Emerson, (May 25 1803-1882), US philosopher, poet, essayist; He was the main spokesman of his time for moral optimism and belief in the individual: Self-Reliance, 1844.


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