Famous quotes containing the words sovereign, debt and/or crisis:
“The obligation of subjects to the sovereign is understood to last as long, and no longer, than the power lasteth by which he is able to protect them.”
—Thomas Hobbes (15881679)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (18171862)
“... whats been building since the 1980s is a new kind of social Darwinism that blames poverty and crime and the crisis of our youth on a breakdown of the family. Thats what will last after this flurry on family values.”
—Stephanie Coontz (b. 1944)