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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