… is from Thomas Babington Macaulay’s 1837 essay “Lord Bacon“:
An acre in Middlesex is better than a principality in Utopia. The smallest actual good is better than the most magnificent promises of impossibilities.
There is no finer and more succinct expression than this of the bourgeois virtues and of Hayekian realism.
Today is the 213th anniversary of the birth of Macaulay, one of history’s greatest and truest liberals.
