"If debtors can reasonably expect that the government will swoop in fr…" — Michael J. Knowles

“If debtors can reasonably expect that the government will swoop in from time to time to bail them out, no one has any incentive to pay his debts.”
Michael J. Knowles

TIME

Share & Save

Meaning

Not documented yet.

When It Was Said

Not documented yet.

Who It Was Said To

Not documented yet.

Historical Context

Not documented yet.

Source

Not documented yet.

Original Language & Translation

Originally said in English.

Did They Really Say It?

Not documented yet.

Did You Know?

Not documented yet.

About Michael J. Knowles

Michael J. Knowles is quoted here; further biographical details are not publicly available.

"If debtors can reasonably expect that the government will swoop in fr…" — Michael J. Knowles | Daily Quotes