Quotation of the Day…

(Don Boudreaux)

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… is from page 165 of Phil Gramm’s, Robert Ekelund’s, and John Early’s excellent 2022 book, The Myth of American Inequality: How Government Biases Policy Debate:

Knowing that some people had extraordinary amounts of both ability and ambition, the Founders set about to build a government where the talented and ambitious could not seize control and use the power of government to endanger the freedom and property of others. They equally feared both the man on the white horse and the enflamed masses who, by either force or the ballot box, might seize the power of government and use it to destroy the rule of law.