Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 117

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

At the same time, the Customhouse books bore an entry of 200.000 francs in the list of _exportations_; and as there was no corresponding entry to make in the list of _importations_, it follows that M. Lestiboudois and the Chamber will see in this shipwreck _a clear and net profit_ for France of 200,000 francs.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 117 · 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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