Quotation of the Day…

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… is from page 7 of Marc-William Palen’s 2024 book, Pax Economica: Left-Wing Visions of a Free Trade World:

The first ever Nobel Peace Prize, in 1901, was awarded to two individuals. Of the two names, Henri Dunant is the more familiar today, as the founder of the International Committee of the Red Cross in Geneva. The other, the leader of the turn-of-the-century French peace movement Frédéric Passy, is less remembered. Passy was a French disciple of Britain’s mid-nineteenth century ‘apostle of free trade’ Richard Cobden. Like Cobden, Passy believed that universal free trade was an essential ingredient for a more peaceful world and accordingly helped create numerous European economic peace organizations.

DBx: Pictured here is Frédéric Passy (1822-1912).