Frédéric Bastiat：Economic Sophisms, Excerpt 393

I think it necessary to submit to the reader some theoretical remarks on the illusions to which the words dearness and cheapness give rise. At first sight, these remarks may, I feel, be regarded as subtle, but the question is not whether they are subtle or the reverse, but whether they are true. Now, I not only believe them to be perfectly true, but to be well fitted to suggest matter of reflection to men (of whom there are not a few) who have sincere faith in the efficacy of a protectionist policy.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 393 · Verified：2026-10-19 · Verification：Short excerpt

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