Quotation of the Day…

(Don Boudreaux)

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… is from pages 16-17 of the 1903 3rd edition of Edwin Cannan’s splendid slim volume, Elementary Political Economy:

A third cause of the increase which has taken place in the productiveness of industry is the growth of co-operation between individuals. At one time the circles within which individuals co-operated or worked together were small – for most purposes not larger than the family or village community. The tendency of civilisation has been to enlarge the area of co-operation, till now we see the production of many good things carried on by individuals working together all over the globe.