What Did They Know?

"[C]ommercial shackles are generally unjust, oppressive and impolitic. ...[I]f industry and labour are left to take their own course, they will generally be directed to those objects which are the most productive, and this in a more certain and direct manner than the wisdom of the most enlightened legislature could point out."

A quote by that stupid, dumb old James Madison, who of course didn't know what he was talking about and isn't nearly as brilliant as our modern bureaucrats, in a speech to Congress, April 1789.