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Frédéric Bastiat:Economic Sophisms, Excerpt 325

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

Certain nations seem marvellously disposed to become the prey of government spoliation; those especially where the people, losing sight of their own dignity and their own energy, think themselves undone if they are not _governed and controlled_ in everything. Without having travelled very much, I have seen countries where it is believed that agriculture can make no progress unless experimental farms are maintained by the government; that there would soon be no horses but for the state _haras_; and that fathers of families would either not educate their children, or have them taught immorality, if the state did not prescribe the course of education, etc., etc. In such a country, revolutions succeed each other, and the governing powers are changed in rapid succession. But the governed continue nevertheless to be governed on the principle of mercy and compassion (for the tendency which I am here exposing is the very food upon which governments live), until at length the people perceive that it is better to leave the greatest possible number of services in the category of those which the parties interested exchange at _a price fixed by free and open bargaining_.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 325 · 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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