November 24, 2004
Say What?

From ESPN's Jayson Stark:

... these words provide such an eloquent endorsement of free-market economics, they could practically have been written by John Kenneth Galbraith.

Posted by E. Frank Stephenson at 02:41 PM  ·  TrackBack (130)

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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