Quotation of the Day…

by Don Boudreaux on July 6, 2014

in Man of System

… is from pages 52-53 of Richard Epstein’s 2006 book, How Progressives Rewrote the Constitution:

However grandly their [the early 20th-century American “Progressives'”] rhetoric spoke about the need for sensible government intervention in response to changed conditions, the bottom line, sadly, was always the same: replace competitive processes, by hook or by crook, with state-run cartels.

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