Bonus Quotation of the Day…

by Don Boudreaux on August 8, 2014

in Trade

… is from David Boaz’s recent post at Cato@Liberty, “Russia Imposes Embargo on Itself“:

The American economist Henry George wrote, “What protection teaches us, is to do to ourselves in time of peace what enemies seek to do to us in time of war.” In Russia, Vladimir Putin started a war and then, in response to mild American and European sanctions, retaliated by imposing greater sanctions—on his own people.

Yep.

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