Frédéric Bastiat：Economic Sophisms, Excerpt 201

Let us suppose a people shut out from external relations. A man, we shall suppose, produces wheat. He sends it to the _home_ market, and offers it for the highest price he can obtain. He receives in exchange--what? Coins, which are just so many drafts or orders, varying very much in amount, by means of which he can draw, in his turn, from the national stores, when he judges it proper, and subject to due competition, everything which he may want or desire. Ultimately, and at the end of the operation, he will have drawn from the mass the exact equivalent of what he has contributed to it, and, in value, _his consumption will exactly equal his production_.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 201 · Verified：2026-10-19 · Verification：Short excerpt

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