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trying my best to fix the regex and editing python code
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@ -13,7 +13,7 @@ else."</p>
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<p>I speak from personal experience. Baseball-glove leather was
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the principal product of our firm until 1957 when ball gloves
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of <ent type='NORP'>Japanese</ent> manufacture appeared and ultimately gained seventy
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percent of the <ent type='GPE'>United States</ent>' market. Today, we tan no
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percent of the United States' market. Today, we tan no
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baseball-glove leather. Sentiment in the ball-glove industry
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at that time was very strong for protective action. I
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investigated the matter in some depth and found that I could
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@ -32,11 +32,11 @@ was two hundred years ago when <ent type='PERSON'>Adam Smith</ent> in his treati
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Inquiry into the Nature and Causes of <ent type='ORG'>The Wealth</ent> of Nations so
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brilliantly demonstrated its fallacies. Fortunately, we have
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the work of <ent type='PERSON'>Smith</ent> and his many successors, plus the empirical
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lessons on the benefits of free trade--our fifty <ent type='ORG'>state</ent>s united
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lessons on the benefits of free trade--our fifty states united
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in one common market are a notable example--to demonstrate the
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advantages of free exchange.</p>
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<p>No improvement can be made on <ent type='PERSON'>Smith</ent>'s understanding:</p>
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<p>No improvement can be made on Smith's understanding:</p>
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<p> It is the highest impertinence of kings and
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ministers, to pretend to watch over the economy of
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@ -46,7 +46,7 @@ of foreign luxuries. They are themselves always, and
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without any exception, the greatest spendthrifts in
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society. Let them look well after their own expense,
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and they may safely trust private people with theirs.
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If their own extravagance does not ruin the <ent type='ORG'>state</ent>,
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If their own extravagance does not ruin the state,
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that of their subjects never will. . . .</p>
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<p> To give the monopoly of the home market to the
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@ -100,8 +100,8 @@ domestically, such as chrome ore, diamonds, and teak wood, or
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that can be obtained more cheaply abroad, such as baseball
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gloves or textiles.</p>
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<p>And free trade raises wages! <ent type='ORG'>Trade</ent> between individuals,
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between <ent type='ORG'>state</ent>s, between nations is beneficial, and far from
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<p>And free trade raises wages! Trade between individuals,
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between states, between nations is beneficial, and far from
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reducing the living standards of the participants, greatly
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improves them. And the country with the freest trade policy
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enjoys the maximum advantage.</p>
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@ -154,9 +154,9 @@ to hold wages down. Unemployment soon disappeared and industry
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expanded.</p>
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<p>Unfortunately, a false lesson was learned--that war is the
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health of the economy. (Our current secretary of <ent type='ORG'>state</ent>,
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health of the economy. (Our current secretary of state,
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justifying the military intervention in the <ent type='LOC'>Middle East</ent>,
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reflected this when he <ent type='ORG'>state</ent>d, "If you want to sum it up in
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reflected this when he stated, "If you want to sum it up in
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one word, it's jobs.") The truth, of course, is that war is
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actually the enemy of prosperity (and freedom) and that full
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employment is actually the normal condition of a truly free
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@ -175,8 +175,8 @@ economic freedom.</p>
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------------------------------------------------------------
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From the June 1991 issue of <ent type='ORG'>FREEDOM DAILY</ent>,
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Copyright (c) 1991, The Future of Freedom <ent type='ORG'>Foundation</ent>,
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Copyright (c) 1991, The Future of Freedom Foundation,
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PO Box 9752, <ent type='GPE'>Denver</ent>, <ent type='GPE'>Colorado</ent> 80209, 303-777-3588.
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Permission granted to reprint; please give appropriate credit
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and send one copy of reprinted material to the <ent type='ORG'>Foundation</ent>.
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and send one copy of reprinted material to the Foundation.
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</p></xml>
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