Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 163

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

All this is a jingling quibble, and not science. The truth, in plain terms, is this: that men consume cloth and corn by fire or by using them, and that the effect is the same _as regards price_, but not _as regards wealth_, for it is precisely in the use of commodities that wealth or material prosperity consists.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 163 · 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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