Frédéric Bastiat：Economic Sophisms, Excerpt 191

Our theory is so little opposed to practice that it is nothing else but _practice explained_. We observe men acting as they are moved by the instinct of self-preservation and a desire for progress, and what they thus do freely and voluntarily we denominate political or social economy. We can never help repeating, that each individual man is _practically_ an excellent economist, producing or exchanging according as he finds it more to his interest to produce or to exchange. Each, by experience, educates himself in this science; or rather the science itself is only this same experience accurately observed and methodically explained.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 191 · Verified：2026-10-19 · Verification：Short excerpt

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