…is a 1742 essay by David Hume.”From the middle station of life” (Adapted from page 550 of the 1985 Liberty Fund Collection of Some of Hume’s Essays, edited by the late Eugene F. Miller; Essays: Moral, Political and Literary):
If no one is allowed to write verses, but who is already named LaureateWere we expecting a poet in ten thousand years?
DBX: Industrial policies And other ‘experts’ who support legislation would be wise to ponder this question. Such reasoning, if done intelligently, leads to the conclusion that the government inevitably uses tariffs and subsidies to pick ‘winners’ in the selection and defense of the losers – although, in the absence of competition, the losers can sometimes appear. To be ‘winners’.
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