Quotation of the Day…

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… is from the new David Hart translation – still only on-line, but forthcoming in print – of Frédéric Bastiat’s 1850 Economic Harmonies; specifically, it’s from the chapter titled “Exchange”:

Thanks to exchange, a strong person can do without genius up to a certain point, and an intelligent being without physical strength, for each person would receive the benefit of the distinctive qualities of his fellow-men through the admirable community that it establishes between men.

DBx: The great Bastiat was born on this date 218 years ago in Bayonne, France.

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