Investing · Western classics
Frédéric Bastiat:Economic Sophisms, Excerpt 132
Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing
But, again, you may say that the producer and consumer are identical. If the manufacturer gain by protection, he will make the agriculturist also a gainer; and if agriculture prosper, it will open a vent to manufactures. Very well; if you confer upon us the monopoly of furnishing light during the day,--first of all, we shall purchase quantities of tallow, coals, oils, resinous substances, wax, alcohol--besides silver, iron, bronze, crystal--to carry on our manufactures; and then we, and those who furnish us with such commodities, having become rich will consume a great deal, and impart prosperity to all the other branches of our national industry.
Source:
https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 132 · 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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