Francis Fukuyama Quotes
The desire for economic prosperity is itself not culturally determined but almost universally shared
Fukuyama, Francis. The End of History and the Last Man. Free Press, 1992.
Abd al-Rahman Ibn Mohammad. He is generally regarded to be the World’s first social scientist. The largest statue in Tunisia of not of a military leader of king, but of this social scientist. He was the first in history to lay the foundation of a theory for the optimum rate of taxation
The economy was terrific under the Republicans and it is always hard to run against a successful economy. However, the lack of meaningful regulation and corporate and financial dominance caused the economy to come crashing down in 1929. See Hoover’s description {603859},
Actually the statement is not literally true though the exceptions are not numerous. People who sold their American common stocks before the 1929 stock market made money. The few people who bet against the U. S. Housing and Mortgage markets before the Meltdown of 2008, made a great deal of money. Over extended long periods, Biden’s statement is true.
The statement was used later by Lyndon B. Johnson in his presidency. However the first President to brag about good economic times was Benjamin Harrison {618540}.
Yoshihiro Francis Fukuyama is an American political scientist, political economist, and writer. Fukuyama is known for his book The End of History and the Last Man (1992), which argues that the worldwide spread of liberal democracies and free-market capitalism of the West and its lifestyle may signal the end point of humanity's sociocultural evolution and become the final form of human government. However, his subsequent book Trust: Social Virtues and Creation of Prosperity (1995) modified his earlier position to acknowledge that culture cannot be cleanly separated from economics. Fukuyama is also associated with the rise of the neoconservative movement, from which he has since distanced himself.
