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Quotation of the Day…

… is from page 209 of Jagdish Bhagwati’s and Arvind Panagariya’s 2013 book, Why Growth Matters:

Removal of poverty as an objective appeals to mankind’s noblest instinct: empathy for the poor. On the other hand, dispossession of the rich reflects mankind’s ignoble instincts: resentment and envy.

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