Quotation of the Day…

by Don Boudreaux on February 21, 2016

in Myths and Fallacies

… is from page 191 of Deirdre McCloskey’s splendid 2006 volume, The Bourgeois Virtues (link added):

Considering the allegedly modern temptation to pride in capitalist enterprise it will seem odd to say so, but [Don] Lavoie believed, as I do, that a capitalist at her pretty-good best is humble.  McDonald’s offers a humble meal for working people at half an hour’s minimum wage.  Wal-Mart listens closely to what its customers want.


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