Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 106

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

Our adversaries have adopted tactics which are rather embarrassing. Do we establish our doctrine? They admit it with the greatest possible respect. Do we attack their principle? They abandon it with the best grace in the world. They demand only one thing--that our doctrine, which they hold to be true, should remain relegated in books, and that their principle, which they acknowledge to be vicious, should reign paramount in practical legislation. Resign to them the management of tariffs, and they will give up all dispute with you in the domain of theory.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 106 · 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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