Frédéric Bastiat：Economic Sophisms, Excerpt 175

For the sake of brevity, allow me to make use of this formula, more scientific, although, perhaps, not quite so clear. The rate of wages depends on the proportion which the supply of labour bears to the demand for it.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 175 · Verified：2026-10-19 · Verification：Short excerpt

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