Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 218

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

The foreign workman, better and more favourably situated than the home workman for the production of certain commodities, is, with reference to the latter, a veritable _economic machine,_ crushing him by competition. In like manner, machinery, which executes a piece of work at a lower price than a certain number of men could do by manual labour, is, in relation to these manual labourers, a veritable _foreign competitor_, who paralyzes them by his rivalry.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 218 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

Does this passage change one judgment about money or risk today?

公版作品;原文逐字取自 Project Gutenberg,仅摘录段落并附全书链接。

This text is in the public domain. The edition and source link are above. Copyright

← Back to the library