Quotation of the Day…

by Don Boudreaux on December 27, 2018

in Growth, The Economy, The Future

… is from page 86 of Tyler Cowen’s 2018 volume, Stubborn Attachments:

Market economies and market reforms look better as more weight is placed on the relatively distant future. A free society is better today than a corrupt and totalitarian one. But one hundred years from now, the difference in human welfare and other relevant values will prove far more pronounced.

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