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Quotation of the Day…

… is from page 481 of the 1964 W. Hayden Boyers translation, published by the Foundation for Economic Education, o Frederic Bastiat‘s 1850 treatise Economic Harmonies available on-lin here):

In order to produce, we must direct all our faculties toward the conquest of Nature; for it is Nature that must be fought, mastered, and subjugated.  That is why iron beaten into a plowshare is the emblem of production.

In order to plunder, we must direct all our faculties toward the conquest of men; for they are the ones we must fight, kill, or enslave.  That is why iron beaten into a sword is the emblem of plunder.

Source: Cafe Hayek

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