Quotation of the Day…

by Don Boudreaux on July 7, 2012

in Crony Capitalism

… is from page 78 of Harry Kurz’s 1975 English translation of Etienne de la Boetie’s 1552-53 The Politics of Obedience: The Discourse of Voluntary Servitude:

In short, when the point is reached, through big favors or little ones, that large profits or small are obtained under a tyrant, there are found almost as many people to whom tyranny seems advantageous as those to whom liberty would seem desirable.

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