Quotation of the Day…

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… is from page 24 of the new CL Press printing of the 1954 Revised Edition Eli Heckscher’s 1931 book, Mercantilism [original emphasis]:

Without deviating from the relationship of mercantilist policy to the state, we may ask further, what was the object of mercantilism in using economic forces in the interests of the state? The answer is primarily that it wanted to make use of them not directly in the interests of the subject but to strengthen the state authority itself; it concentrated on the power of the state.