Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 189

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

Well, I affirm that this principle is still erroneous. The family, the commune, the canton, the department, the province, are so many agglomerations, which all, without any exception, reject _practically_ your principle, and have never dreamt of acting on it. All procure themselves, by means of exchange, those things which it would cost them dearer to procure by means of production. And nations would do the same, did you not hinder them _by force_.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 189 · 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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