Bonus Quotation of the Day…

(Don Boudreaux)



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… is from page 279 of Kristian Niemietz’s marvelous 2019 book, Socialism: The Failed Idea That Never Dies:


We take it for granted that living standards rise over time. For most of history, they did not. This trend only really began with the advent of industrial capitalism, which was a game changer in world history.




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Published on September 15, 2020 17:17
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