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Quotation of the Day…

… is from page 102 of Historical Impromptus, a 2020 collection of some of Deirdre McCloskey’s work on economic history; this quotation, specifically, is from McCloskey’s 2000 review, in the Minnesota Journal of Global Trade, of Thomas Friedman’s The Lexus and the Olive Tree and John Gray’s False Dawn [original emphasis]:

Well, excuse me, but modern economic growth in its global form has done more for workers and the environment than any army of government inspectors, regulators, customs officers, or IRS accountants. We Americans are rich not because of unions or anti-trust or the Occupational Safety and Health Administration because on the whole we have let capitalism work.

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