Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 38

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

The first system naturally welcomes everything which tends to diminish _pains_ and augment _products_; powerful machinery which increases the forces of man, exchange which allows him to derive greater advantage from natural agents distributed in various proportions over the face of the earth, intelligence which discovers, experience which proves, competition which stimulates, etc.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 38 · 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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