Investing · Western classics
Frédéric Bastiat:Economic Sophisms, Excerpt 394
Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing
In the midst of this conflict, it would seem that the law has only one course to follow, and that is to allow prices to settle and adjust themselves naturally. But then we are attacked by the bitter enemies of _laissez faire_. At all hazards they want the law to interfere, without knowing or caring in what direction. And yet it lies with those who desire to create by legal intervention an artificial dearness or an unnatural cheapness, to explain the grounds of their preference. The _onus probandi_ rests upon them exclusively. Liberty is always esteemed good, till the contrary is proved; and to allow prices to settle and adjust themselves naturally, is liberty.
Source:
https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 394 · 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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