The interference of the State in matters of Economy by means of regulations, protective duties, monopolies, and imposts, rests on the old idea of the omnipotence and omniscience of the governor, and the incapacity and ignorance of the governed.
It is justified under a rule by divine right; it is inadmissible under a government by discussion.
It is always costly.
The progress of civilization necessitates the giving of greater and greater attention and intelligence to public affairs.
Parents wonder why the streams are bitter, when they themselves poison the fountain.