Quotation of the Day…

by Don Boudreaux on June 26, 2011

in Economics, Scientism

… is from page 20 of Deirdre McCloskey’s 2002 monograph The Secret Sins of Economics:

It’s amazing that most professors and journalists since about 1900 have not even heard of the arguments against turning the economy over to police and jailers and bureaucrats, and are scandalized when some boorish Chicago-School economist comes along and suggests that pot should be legalized and national borders opened and government schools made to compete with each other [original emphasis].

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