Quotation of the Day…

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… is from pages 1-2 of Norbert Michel’s superb 2025 book, Crushing Capitalism: How Populist Policies are Threatening the American Dream:

Americans have been growing richer since the end of the 19th century and now enjoy levels of abundance and opportunity far greater than 50 years ago, and utterly unimaginable 150 years ago. The typical American can buy any fruit or vegetable in the dead of winter for a relatively small share of his or her wages, can own a wireless communications device with access to virtually unlimited information, and can enjoy more transportation options, a cleaner environment, more years of education, more leisure choices, and better long-term health than at any point in history. But all these benefits did not simply materialize, and they will not remain in such abundance if we fail to nurture the combination of knowledge, effort, and cooperation that enables their production.