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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