Investing · Western classics
Frédéric Bastiat:Economic Sophisms, Excerpt 196
Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing
The father of the family has received but slender wages. His half-naked children shiver in the icy north wind; the fire is extinguished, and there is nothing on the table. There are wool, firewood, and corn on the other side of the mountain; but these good things are forbidden to the poor day-labourer, for the other side of the mountain is not in France. Foreign firewood is not allowed to warm the cottage hearth; and the shepherd's children can never know the taste of Biscayan corn,* and the wool of Navarre can never warm their benumbed limbs. General utility has so ordered it. Be it so; but let us agree that all this is in direct opposition to the first principles of justice. To dispose legislatively of the interests of consumers, and postpone them to the supposed interests of national industry, is to encroach upon their liberty--it is to prohibit an act; namely, the act of exchange, which has in it nothing contrary to good morals; in a word, it is to do them an act of _injustice_.
Source:
https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 196 · 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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