Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 257

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

"Raw materials," says the Havre petition, "constituting as they do the elements of labour, must be submitted to a different treatment, and be gradually admitted at the lowest rate of duty." The same petition expresses a wish that manufactured products should be admitted, not gradually, but after an indefinite lapse of time, not at the lowest rate of duty, but at a duty of 20 per cent.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 257 · 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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