Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 291

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

Others are very complicated. The masses are frequently despoiled without knowing it. They may even imagine that they owe all to spoliation--not only what is left to them, but what is taken from them, and what is lost in the process. Nay more, I affirm that, in course of time, and owing to the ingenious mechanism to which they become accustomed, many men become spoliators without knowing that they are so, or desiring to be so. Monopolies of this kind are engendered by artifice and nourished by error. They disappear only with advancing enlightenment.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 291 · 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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