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… is from Thomas Babington Macaulay’s 1837 essay “Lord Bacon [2]“:
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 [3] and of Hayekian realism.
Today is the 213th anniversary of the birth of Macaulay, one of history’s greatest and truest liberals.