Tuesday, April 27, 2010

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.+/-


Unknown said...

I have been looking for a paper of precisely this nature -- thanks for posting this Will!

Matt E. Ryan said...

Pigou?! THAT name was not high on my list for certain.