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Tweet… is from pages 477 of the 1971 Augustus M. Kelley reprint of the 1880 Sixth American edition of Jean-Baptiste Say‘s 1803 A Treatise on Political Economy (Traité d’économie politique): There is this grand distinction between an individual borrower and a borrowing government, that, in general, the former borrows capital for the purpose of beneficial […] The post appeared first on .