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Bonus Quotation of the Day…

Posted By Don Boudreaux On October 25, 2013 @ 9:13 pm In Civil Society,Hayek,Hubris and humility | Comments Disabled

… is from Thomas Babington Macaulay’s 1837 essay “Lord Bacon [1]“:

An acre in Middlesex is better than a principality in Utopia.  The smallest actual good is better than the most magnificent promises of impossibilities.

There is no finer and more succinct expression than this of the bourgeois virtues [2] and of Hayekian realism.

Today is the 213th anniversary of the birth of Macaulay, one of history’s greatest and truest liberals.

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[1] Thomas Babington Macaulay’s 1837 essay “Lord Bacon: http://oll.libertyfund.org/?option=com_staticxt&staticfile=show.php%3Ftitle=364&chapter=50923&layout=html&Itemid=27

[2] bourgeois virtues: http://www.amazon.com/Bourgeois-Virtues-Ethics-Age-Commerce/dp/0226556646/ref=sr_1_1?ie=UTF8&qid=1321062838&sr=8-1

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