Bonus Quotation of the Day…

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… is from page 87 of W.H. Hutt’s detailed, careful, and profound 1979 study, The Keynesian Episode (original emphasis):

[W]e have failed as peoples (or our teachers and elected representatives have failed) to perceive the origin of that security which emerges from the right to enter into and rely upon contract, a right which permits cooperation without coercion – cooperation under conditions of freedom. Even less do we perceive the true source of two subsidiary yet fundamental rights, equally dependent upon the institution of property: the right to work (in the sense of the right to acquire valuable skills, and to contract freely with those who want our skills or with those who can organize our skills to satisfy demand), and the untrammeled right to use the accumulation of valuable resources in the manner which we expect will be most acceptable to society in its consumer role.