Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 326

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

We have seen that an exchange of services constitutes society; and it must be an exchange of good and loyal services. But we have shown also that men have a strong interest, and consequently an irresistible bent, to exaggerate the relative value of the services which they render. And, in truth, I can perceive no other cure for this evil but the free acceptance or the free refusal of those to whom these services are offered.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 326 · 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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