Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 59

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

Suppose two countries, A and B. A possesses over B all kinds of advantages. You infer from this, that every sort of industry will concentrate itself in A, and that B is powerless. A, you say, sells much more than it buys; B buys much more than it sells. I might dispute this, but I respect your hypothesis.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 59 · 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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