Investing · Western classics
Frédéric Bastiat:Economic Sophisms, Excerpt 102
Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing
But if the protectionist system had taken this form, it would have been laughable to hear men say, "We pay heavy taxes for the army, for the navy, for the administration of justice, for public works, for the university, the public debt, etc.--in all exceeding a milliard [£40,000,000 sterling]. For this reason, the State should take another milliard from us, to relieve these poor ironmasters, these poor shareholders in the coal-mines of Anzin, these unfortunate proprietors of forests, these useful men who supply us with cod-fish."
Source:
https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 102 · 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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