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Smith v Cantillon (long) was Re: To David Friedman: Antitrust

David Friedman <d...@best.com>

In article <6j20nb$...@sjx-ixn8.ix.netcom.com>, Jim Klein

<rum...@ix.netcom.com> wrote:
>In <DDFr-0805982007410...@ddfr.vip.best.com> David Friedman
><D...@best.com> writes:

>>"If enough employment cannot be found to occupy the 25 persons in a
>>hundred upon work useful and profitable to the state, I see no
>>objection to encouraging employment which serves only for ornament or
>>amusement"

>Where'd you find this, over the doorway to the U.S. Congress?

>>So when everything that can be done to serve the state is done,
>>Cantillon thinks it harmless if any remaining labor goes to produce
>>things that give people pleasure.

>It's hard to tell absent context, but I think it may be worse.  Isn't
>he saying that if "productive work" on behalf of the State can't be
>found for those in its employ, then even "make-work" work is justified
>in being supported by the State?

I don't think so. If you want to look at the context, just do a search for
Cantillon; I downloaded the essai but don't remember the URL.

I think the implication of "encouraging" is not "paying for" but "in
figuring out the right government policy, counting as on the whole a
mildly good thing."
--
David Friedman
D...@Best.com
http://www.best.com/~ddfr/
"No man is secure in his life, liberty or property
while the legislature is in session"