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Bonus Quotation of the Day…

Tweet [1]

… is from Caroline Baum’s just-published essay, “What could go wrong in 2018? Plenty [2]“:

[M]ercantilism – using scarce resources to produce goods for other nations.

DBx: I would amend Caroline’s description only by adding that mercantilism is the forced use of scarce resources to produce goods for other nations.

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