On the record
If a commodity is raised by authority above what it will yield with a profit to the buyer, that commodity will be the less dealt in.
Said by
Edmund Burke
Source
gutenberg.orgIf a commodity is raised by authority above what it will yield with a profit to the buyer, that commodity will be the less dealt in.
Burke argues that artificially inflated prices reduce market activity.
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The improvements of the National Assembly are superficial, their errors fundamental.
But when the leaders choose to make themselves bidders at an auction of popularity, their talents, in the construction of the state, will be of no service.
Our people will find employment enough for a truly patriotic, free, and independent spirit, in guarding what they possess from violation.
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