Investing · Western classics
Frédéric Bastiat:Economic Sophisms, Excerpt 340
Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing
It is singular enough that those who decry political economy (or _economisme_, as they are pleased to call it), because that science studies man and the world as they are, are themselves much further advanced in pessimism, at least as regards the past and the present, than the economists whom they disparage. Open their books and their journals; and what do you find? Bitterness, hatred of society, carried to such a pitch that the very word civilization is in their eyes the synonym of injustice, dis-order, and anarchy. They go the length even of denouncing liberty, so little confidence have they in the development of the human race as the natural result of its organization. Liberty! it is liberty, as they think, which is impelling us nearer and nearer to ruin.
Source:
https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 340 · 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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