Investing · Western classics
Frédéric Bastiat:Economic Sophisms, Excerpt 121
Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing
We are about to offer you an admirable opportunity of applying your--what shall we call it? your theory? No; nothing is more deceptive than theory; your doctrine? your system? your principle? but you dislike doctrines, you abhor systems, and as for principles, you deny that there are any in social economy: we shall say, then, your practice, your practice without theory and without principle.
Source:
https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 121 · 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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