Quotation of the Day…
(Don Boudreaux)
… is from page 129 of Deirdre McCloskey’s splendid 2022 volume, Beyond Positivism, Behaviorism, and Neoinstitutionalism in Economics:
Slave societies are slow to innovate if slavery is big there. Liberal societies innovate because no one is a slave, at any rate in theory and in eventual outcome.
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