Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 73

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

I add, that liberty equalizes also the conditions of enjoyment, of satisfaction, of consumption, with which the protectionists never concern themselves, and which are yet the essential consideration, consumption being the end and object of all our industrial efforts. In virtue of free trade, we enjoy the sun of Portugal like the Portuguese themselves. The inhabitants of Havre and the citizens of London are put in possession, and on the same conditions, of all the mineral resources which nature has bestowed on Newcastle.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 73 · 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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