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January 24, 2008
De gustibus non est disputandum c. 1908
From the Jan. 24, 1908 NYT: A burglar...had gathered together silverware and jewelry, and was about to depart when he saw a photograph of Miss Margaret McDade, the eighteen year old daughter of Mrs. McDade. The picture showed Miss McDade in a bathing costume. It appealed to him more than did the gold, so he took the picture and left everything else behind. He also left a note, in which he said:This is ready made for a principles of economics class discussion. Posted by Craig Depken at 11:33 AM
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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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