Andrea Leadsom Quotes
Specific policy decisions would be absolutely necessary to promote the UK. It's not necessarily borrowing more or changing our current account status.
Leadsom, Andrea. "Bloomberg Speech." Bloomberg, 2018.
Mises defines government revenue in such a manner that it always relly belonged to individuals, therefore when government invests in enterprises that accumulate capital via profits, Mises does not consider it capital accumulation. One counterexample of this point is the George Washington Bridge in New York, built in Mises lifetime by Robert Moses of the New York Port Authority. The tolls on the bridge paid off the bondholders who financed much of the initial construction. But then capital started to accumulate at such a rapid rate that Moses was able to build other capital projects ranging from highways to the World Trade Center Buildings with capital constantly accumulated. The New York Port Authority under Moses generated more capital appreciation than any corporation that had been in existence at that point. And he could not even sell stock. However, the Port Authority and a few others were exceptions. Generally government did was unable to accumulate capital in its enterprises.
Andrea Jacqueline Leadsom is a Conservative politician who served as Secretary of State for Business, Energy and Industrial Strategy from 2019 to 2020, and has served as Member of Parliament (MP) for South Northamptonshire since 2010. Leadsom served as the Leader of the House of Commons from 2017 to 2019. Leadsom has twice run to become Leader of the Conservative Party, in 2016 and 2019.