Bonus Quotation of the Day…
by Don Boudreaux
on January 1, 2017
… is from page 328 of the 1991 Robert Schalkenbach Foundation edition of Henry George‘s 1886 volume, Protection or Free Trade:
Fortifications and navies and standing armies not merely suit the protectionist purpose in requiring a constant expenditure, and developing a class who look on warlike expenditures as conducive to their own profit and importance, but they are of a piece with a theory that teaches us that our interests are antagonistic to those of other nations.
DBx: Hoping against hope, and with every fiber in my body, that in 2017 the forces of free trade and peace make significant advances on those of nationalism.
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