Bonus Quotation of the Day…

… is a repeat – but one that’s justified, as today (March 9th) marks the 249th anniversary of the publication of Adam Smith’s soaring An Inquiry Into the Nature and Causes of the Wealth of Nations; specifically, it’s from Book IV, Chapter 3, paragraph 31 of that volume:

Nothing, however, can be more absurd than this whole doctrine of the balance of trade.

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