Frédéric Bastiat：Economic Sophisms, Excerpt 399

And these are not isolated facts; for the price of wool is governed by precisely the same laws which govern the price of everything else. The same result is produced in all analogous cases. Contrary to expectation, protection has, to some extent, brought about a fall, and competition, to some extent, a rise of prices.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 399 · Verified：2026-10-19 · Verification：Short excerpt

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