Bonus Quotation of the Day…

by Don Boudreaux on March 17, 2018

in Crony Capitalism, Trade

… is from page 369 of William Leggett‘s February 11, 1837, Plaindealer essay, “Free Trade, Taxes, and Subsidies,” as this essay is reprinted and titled in Democratick Editorials, Lawrence H. White, ed. (Indianapolis: Liberty Fund, 1984):

But the moment government says to the citizens, you who are engaged in one branch of trade, or you who consume one description of commodity, shall pay taxes; and you who deal in another branch of traffick, or consume articles of a different description, shall not be taxed; it obviously violates the proper freedom of trade, as well as the great democratick principle of equal rights.

DBx: This collection of Leggett’s brilliant essays is available, free of charge, on-line here.


Add a Comment    Share Share    Print    Email

Previous post:

Next post: