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Quotation of the Day…

Posted By Don Boudreaux On January 27, 2013 @ 9:58 am In Crony Capitalism,Trade | Comments Disabled

… is from page from page 33 of the 2nd edition of George Whatley [1]‘s 1774 Principles of Trade [2]; it is quoted on page 95 of Jacob Viner [3]‘s indispensable 1937 volume, Studies in the Theory of International Trade [4] (ellipses original to Viner):

Most of the statutes … for regulating, directing, or restraining of trade have, we think, been either political blunders, or jobs obtained by artful men, for private advantage, under pretense of public good.

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URLs in this post:

[1] George Whatley: http://en.wikipedia.org/wiki/George_Whatley

[2] Principles of Trade: http://www.amazon.com/Principles-trade-Fredom-protection-suport/dp/1171035063/ref=sr_1_2?s=books&ie=UTF8&qid=1359298665&sr=1-2&keywords=george+whatley+%22principles+of+trade%22

[3] Jacob Viner: http://www.econlib.org/library/Enc/bios/Viner.html

[4] Studies in the Theory of International Trade: http://www.econlib.org/library/NPDBooks/Viner/vnSTT.html

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