In the end government will probably be undersold and beaten down to a losing price.
Edmund Burke: “In the end government will probably be undersold and beaten down to a losing price.”
Editor's note · Context
Burke warns that government intervention in the salt market may lead to unsustainable pricing and economic instability.
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More from Edmund Burke
We procure reverence to our civil institutions on the principle upon which Nature teaches us to revere individual men: on account of their age, and on account of those from whom they are descended.
Those who are servants in name, as well as in effect, do not like to be told of their situation, their duty, and their obligations.
If all the absurd theories of lawyers and divines were to vitiate the objects in which they are conversant, we should have no law and no religion left in the world.
But the king of Great Britain obeys no other person; all other persons are individually, and collectively too, under him, and owe to him a legal obedience.





