Quotation of the Day…

by Don Boudreaux on July 20, 2012

in Uncategorized

… is from page 356 of my colleague Larry White’s new book, The Clash of Economic Ideas:

Limiting government to efficient activity is itself an activity with the characteristic of a public good.

This fact is chief among the reasons why it is untrue that scientific economics ‘proves’ that government intervention is an appropriate antidote for market imperfections.

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