Bonus Quotation of the Day…

(Don Boudreaux)

Tweet

… is from page 449 of Art Carden’s and Deirdre McCloskey’s 2018 paper “The Bourgeois Deal: Leave Me Alone, and I’ll Make You Rich” (which is Chapter 10 of this excellent 2018 book edited by Steven Globerman and Jason Clemens):

Allowing people to venture forth and to reap the rewards of doing so is important, not just because it brings us ever-wider varieties of goods and services at ever-lower costs. It does a few other things as well. First, it recognizes our ability and our right to self-author however we choose, without having to ask permission from elites. Second, it extends an implicit and society-wide acknowledgement of liberty and dignity for everyone irrespective of bloodline or skin color. The last vestiges of racial hierarchy hang on, and stubbornly. The solution, we think, is not a larger and more active state, but greater freedom for entrepreneurs.