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Quotation of the Day…

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… is from Book V, Chapter 2 [2] – on pages 848-849, Vol. 2, of the 1981 Liberty Fund edition [3] – of Adam Smith’s 1776 An Inquiry Into the Nature and Causes of the Wealth of Nations [4]:

An inquisition into every man’s private circumstances, and an inquisition which, in order to accommodate the tax to them, watched over all the fluctuations of his fortune, would be a source of such continual and endless vexation as no people could support.