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Quotation of the Day…

… is from my friend the superb economist and wit Dwight Lee (as related by my colleague Larry White in the comments section of this EconLog post by David Henderson):

You can tell for whose benefit an institution is run by looking at who gets the closest parking spaces. At universities the students get the most distant spaces, administrators and faculty the closest. At Wal-Mart, they ask the employees to park away from the entrance.


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