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Quotes That Catch My Fancy
Posted by Pejman Yousefzadeh on Fri Jan 04, 2008 at 07:55:29 PM EST
By means of glasses, hotbeds and hotwalls, very good grapes can be raised in Scotland, and very good wine too can be made of them at about 30 times the expense for which at least equally good can be brought from foreign countries. Would it be a reasonable law to prohibit the importation of all foreign wines, merely to encourage the making of Claret and Burgundy in Scotland?
--Adam Smith, The Wealth of Nations. Thanks to Madsen Pirie for the reference. The quote certainly needs to be publicized given the unfortunate and disturbing increase in mercantilist and protectionist sentiment.
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