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Quotation of the Day…

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… is from an 1781 writing of Benjamin Franklin as quoted on pages 68-69 of Douglas Irwin’s splendid 2017 volume, Clashing Over Commerce [2]:

It is perhaps an erroneous opinion, but I find myself rather inclined to adopt that modern one, which supposes it is best for every┬ácountry to leave its trade entirely free from all encumbrances…. ┬áMost of the restraints put upon it in different countries seem to have been the projects of particulars for their private interest, under the pretense of public good.

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