Quotation of the Day…

by Don Boudreaux on February 1, 2017

in Growth, Trade

… is from David Hume’s essay “Of Commerce” (here from page 263 of the 1985 Liberty Fund collection of some of Hume’s essays, edited by the late Eugene Miller, Essays: Moral, Political, and Literary):

Unknown-2If we consult history, we shall find, that, in most nations, foreign trade has preceded any refinement in home manufactures, and given birth to domestic luxury.

DBx: We are all enriched and made more peaceful and civilized when trade remains unimpeded by the superstition that commerce with foreigners differs in any essential ways from commerce with fellow citizens.


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