Quotation of the Day…

by Don Boudreaux on August 21, 2016

in Crony Capitalism, Economics

… is from page 130 of the 1990 Transaction Publishers reprint of W.H. Hutt‘s 1936 book, Economists and the Public:

The economists’ unpopularity has arisen from the stress he has placed on the opposition between private interests and the general good.

Show me a competent economist and I’ll show you an opponent of cronyism.


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