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To: neutrino
Thomas Jefferson wrote in a September 28, 1821 letter, "The government of the United States, at a very early period, when establishing its tariff on foreign importations, were very much guided in their selection of objects by a desire to encourage manufactures within ourselves."

Jefferson was a brilliant political philosopher, horticulturalist and architect, and a great statesman, but I'm less familiar with his credentials as an economist. As I recall, there was another writer named Smith, who in 1776 wrote a pretty famous book on economics, and may have differed with Jefferson on this point.

154 posted on 08/03/2004 3:14:36 PM PDT by Huber (Kerry/Edwards = "Tax 'em & Sue 'em" . Vote Bush/Cheney '04)
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To: Huber
Hamilton was also pretty smart, and also had read Adam Smith, but he was not a champion of unfettered free trade.
155 posted on 08/03/2004 3:30:19 PM PDT by asmith92008 (If we buy into the nonsense that we always have to vote for RINOs, we'll just end up taking the horn)
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To: Huber
I'm confident that Jefferson was a far better economist than was a certain amateur economist (long deceased) named David Ricardo. May David Ricardo, the author of free traitin', roast in Hell for all eternity.
161 posted on 08/03/2004 7:30:08 PM PDT by neutrino (Lord, what fools these mortals be! (William Shakespeare, Midsummer Nights Dream))
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