Quotation of the Day…

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… is from page 351 of Deirdre McCloskey’s September 2nd, 2016, essay in the New York Times as this essay is reprinted in Historical Impromptus, a 2020 collection of some of Deirdre’s work on economic history:

We can improve the conditions of the working class. Raising low productivity by enabling human creativity is what has mainly worked. By contrast, taking from the rich and giving to the poor helps only a little – and anyway expropriation is a one-time trick.