Frédéric Bastiat：Economic Sophisms, Excerpt 152

A tariff, then, may be regarded in the same light as a marsh, a rut, an obstruction, a steep declivity--in a word, it is an _obstacle_, the effect of which is to augment the difference between the price which the producer of a commodity receives, and the price which the consumer pays for it. In the same way, it is undoubtedly true that marshes and quagmires are to be regarded in the same light as protective tariffs.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 152 · Verified：2026-10-19 · Verification：Short excerpt

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