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Turgot Quote on Economic Actors

Tags Free Markets

07/30/2014A.R.J. Turgot

To suppose all consumers to be dupes, and all merchants and manufacturers to be cheats, has the effect of authorizing them to be so, and of degrading all the working members of the community.

Author:

A.R.J. Turgot

Anne Robert Jacques Turgot, Baron de Laune (1727–1781) was a French economist and statesman.

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