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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