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Quotation of the Day…

… is from an 1781 writing of Benjamin Franklin as quoted on pages 68-69 of Douglas Irwin’s splendid 2017 volume, Clashing Over Commerce:

It is perhaps an erroneous opinion, but I find myself rather inclined to adopt that modern one, which supposes it is best for every country to leave its trade entirely free from all encumbrances….  Most of the restraints put upon it in different countries seem to have been the projects of particulars for their private interest, under the pretense of public good.