Frédéric Bastiat：Economic Sophisms, Excerpt 372

You do not deny that at present, in France, we obtain a piece of stuff by the work of our own looms (that is the blunt axe) _with more labour_ than by producing and exchanging wines (that is the sharp axe). So far are you from denying this, that it is precisely because of this _excess of labour_ (in which you make wealth to consist) that you recommend, nay, that you _compel_ the employment of the worse of the two hatchets.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 372 · Verified：2026-10-19 · Verification：Short excerpt

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