“They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers.”
Quote by Frederic Bastiat
Author
Frederic Bastiat
French economist and a prominent figure in the classical liberal tradition. Born on June 30, 1801, and died on December 24, 1850. His writings had a profound impact on economics and political philosophy. more
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