Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 10

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

The same thing holds of abundance. We observe that when a product is plentiful, it sells at a lower price, and the producer gains less. If all producers are in the same situation, they are all poor. Therefore it is abundance that ruins society And as theories are soon reduced to practice, we see the law struggling against the abundance of commodities.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 10 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

Does this passage change one judgment about money or risk today?

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