Blockquoting Who?

As suggested by co-blogger Matt, I offer a quote today as a challenge. Guess who said this:

It is not sufficient to contrast the imperfect adjustments of unfettered private enterprise with the best adjustments that economists in their studies can imagine. For we cannot expect that any State authority will attain, or even whole-heartedly seek, that ideal.

The answer is below the fold.+/-

Pigou, A.C. 1912. Wealth and Welfare. London: Macmillan, p. 248.

If this surprises you, check out Roger Backhouse and Steven Medema's working paper on Cambridge antecedents to Virginia and Chicago Political Economy. The authors provide a slew of quotes from Sidgwick, Marshall, and Pigou.