Quotation of the Day…

(Don Boudreaux)

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… is from page 166 of economists Phil Gramm’s, Robert Ekelund’s, and John Early’s important and data-rich 2022 book, The Myth of American Inequality: How Government Biases Policy Debate (footnote deleted):

Antiquity and the world that would spring from it are  replete with examples of self-serving leaders who obtained power in the name of redistribution only to serve their own interests. Plutarch saw the struggle for power in the name of income and wealth redistribution  as the “inveterate disease.”