Investing · Western classics
Frédéric Bastiat:Economic Sophisms, Excerpt 180
Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing
Misled by such reasoning, the volatile youth changed his rotation of crops. His land he divided into twenty divisions. In one he planted olives, in another mulberry trees, in a third he sowed flax, in a fourth he had vines, in a fifth wheat, and so on. By this means he succeeded in supplying his family with what they required, and felt himself independent. He no longer drew anything from the general circulation, nor did he add anything to it. Was he the richer for this? No; for the soil was not adapted for the cultivation of the vine, and the climate was not fitted for the successful cultivation of the olive; and he was not long in finding out that his family was less plentifully provided with all the things which they wanted than in the time of his father, who procured them by exchanging his surplus produce.
Source:
https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 180 · Verified:2026-10-19 · Verification:Short excerpt
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Does this passage change one judgment about money or risk today?
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