Quotation of the Day…

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… is from page 414 of the 5th edition (2015) of Thomas Sowell’s Basic Economics [original emphasis]:

Government is of course inseparable from politics, especially in a democratic country, so a distinction must be made and constantly kept in mind between what a government can do to make things better than they would be in a free market and what it is in fact likely to do under the influence of political incentives and constraints.