Quotation of the Day…

by Don Boudreaux on March 21, 2012

in Reality Is Not Optional

… is from page 63 of Ronald Coase‘s 1994 collection, Essays on Economics and Economists; specifically, it’s from his 1974 essay “Economists and Public Policy”:

To ignore the government’s poor performance of its present duties when deciding on whether it should or should not take on new duties is obviously wrong.

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