Investing · Western classics
Frédéric Bastiat:Economic Sophisms, Excerpt 319
Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing
Governments are very skilful. They act with method and consistency, upon a plan well arranged, and constantly improved by tradition and experience. They study men, and their passions. If they discover, for example, that they are actuated by warlike impulses, they stimulate this fatal propensity, and add fuel to the flame. They surround the nation with dangers through the action of diplomacy, and then they very naturally demand more soldiers, more sailors, more arsenals and fortifications; sometimes they have not even to solicit these, but have them offered; and then they have rank, pensions, and places to distribute. To meet all this, large sums of money are needed, and taxes and loans are resorted to.
Source:
https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 319 · 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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