Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 314

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

In this way the state is also subject to the Malthusian law. It tends to pass the level of its means of existence, it grows great in proportion to these means, and these means consist of the people's substance. Woe, then, to those nations who are unable to set bounds to the action of the government! Liberty, private enterprise, wealth, thrift, independence, all will be wanting in such circumstances.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 314 · 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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