Investing · Western classics
Frédéric Bastiat:Economic Sophisms, Excerpt 20
Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing
I made the supposition, not long ago, of the existence of an assembly composed of workmen, each member of which, in his capacity of producer, should have the power of passing a law embodying his _secret wish_, and I said that the code which would emanate from that assembly would be monopoly systematized, the theory of scarcity reduced to practice.
Source:
https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 20 · 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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