Quotation of the Day…
by Don Boudreaux
on November 22, 2024
… is from pages 2-3 of economic historian Gregory Clark’s 2007 book, A Farewell to Alms:
[T]he biggest beneficiary of the Industrial Revolution has so far been the unskilled. There have been benefits aplenty for the typically wealthy owners of land and capital, and for the educated. But industrialized economies saved their best gifts for the poorest.
