Frédéric Bastiat：Economic Sophisms, Excerpt 5

Yes, this has been asserted, and is maintained every day; and I hesitate not to affirm that the _theory of scarcity_ is much the most popular. It is the life of conversation, of the journals, of books, and of the tribune; and strange as it may seem, it is certain that Political Economy will have fulfilled its practical mission when it has established beyond question, and widely disseminated, this very simple proposition: "The wealth of men consists in the abundance of commodities."

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 5 · Verified：2026-10-19 · Verification：Short excerpt

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