Herbert Stein Quotes


If something is unsustainable and “cannot go on forever”, it tends to stop.


Context

This classic quotation ought to be considered by all politicians who warn of current trends of which they are very worried. See {627459} for another of his related quotations.


Citations

Herbert Stein, 1916-1999, Chairman, Council of Economic Advisors, Quoted by Peter G, Peterson, Speech, Council on Foreign Relations, August 9, 2004

Sourced by: Eigen's Political and Historical Quotations

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  • Born: August 27, 1916
  • Died: September 8, 1999
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Herbert Stein was an American economist, a senior fellow at the American Enterprise Institute and was on the board of contributors of The Wall Street Journal. He was chairman of the Council of Economic Advisers under Richard Nixon and Gerald Ford. From 1974 until 1984, he was the A. Willis Robertson Professor of Economics at the University of Virginia.