Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 384

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

3d, In consequence of the policy of protection, the stuffs which we make up are dear, and people on that account wear their clothes longer, or dispense with part of them. This, again, is equivalent to a diminution of employment, and forces us to offer our services at a lower rate of remuneration.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 384 · 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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