RE: [Pen-l] A Better Stimulus Plan

["Perelman, Michael" <MPerelman@xxxxxxxxxxxx>]

Here was my source:

 

Ketch, John. 1721. "A Letter From John Ketch, Esq. Asserting His   Right To The Necks of the Over-Grown Brokers (18 March)." No. 21  in John Trenchard. Cato's Letters, or Essays on Liberty, Civil and

   Religious, and Other Important Subjects. Four volumes in Two,  edited and annotated by Ronald Hamowy Vol. 1. November 5, 1720 to  June 17, 1755(Indianapolis, IN: Liberty Fund, 1995): pp. 91-95.

 

 

From: pen-l-bounces@xxxxxxxxxxxxxxxxxx [mailto:pen-l-bounces@xxxxxxxxxxxxxxxxxx] On Behalf Of raghu
Sent: Friday, November 28, 2008 12:58 PM
To: Progressive Economics
Subject: Re: [Pen-l] A Better Stimulus Plan

 

On Fri, Nov 28, 2008 at 9:33 AM, Michael Perelman <michael@xxxxxxxxxxxxxxxxx> wrote:

>From a quarter millennium ago:

"that they deceived every man into his own ruin; and ruined the nation, to enrich the directors and themselves: They sold their own stock, and that of the directors, under false and fictitious names, contrary to the obligation of their bond to the City, which obliges them to declare the name of the seller to the buyer, as well as the name of the buyer to the seller; for they knew that no man would have been willing to buy, had he known that the brokers and directors were in haste to sell. Thus they used false dice, and blinded men's eyes, to pick their pockets. "And surely, Mr. Ketch," says the counsellor, "if he who picks a man's pocket is to be hanged, the rogues that pick the pockets of the whole country, ought to be hanged, drawn, and quartered."

Hi Michael,
What is the source for this?
-raghu.


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