Frédéric Bastiat：Economic Sophisms, Excerpt 209

If the theory of prohibition comes to prevail, or if the doctrine of free trade comes to triumph, one brief enactment will constitute our whole economic code. In the first case, the law will proclaim that _all exchanges with foreign countries are prohibited_; in the second, that _all exchanges with foreign countries are free_; and many grand and distinguished personages will thereby lose their importance.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 209 · Verified：2026-10-19 · Verification：Short excerpt

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