Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 77

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

In the same way, when a workman succeeds in discovering an improved process in manufactures, the _immediate_ profit from the improvement results to him. This was necessary, in order to give his labour an intelligent direction; and it is just, because it is fair that an effort crowned with success should carry its recompense along with it.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 77 · 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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