Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 16

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

Are we manufacturers of cotton stuffs? We desire to sell them at the price most profitable to ourselves. We should consent willingly to an interdict being laid on all rival manufactures; and if we could venture to give this wish public expression, or hope to realize it with some chance of success, we should attain our end, to some extent, by indirect means; for example, by excluding foreign fabrics, in order to diminish the _supply_, and thus produce, forcibly and to our profit, a _scarcity_ of clothing.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 16 · 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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