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Quotation of the Day…

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… is from Charles Davenant [2]‘s 1697 tract An essay on the East-India trade, as quoted on page 99 of Jacob Viner [3]‘s 1937 collection Studies in the Theory of International Trade [4]:

Trade is in its nature free, finds its own channel and best directeth its own course; and all laws to give it rules and directions, and to limit and circumscribe it, may serve the particular ends of private men, but are seldom advantageous to the public.

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