Investing · Western classics

Frédéric Bastiat:Economic Sophisms, Excerpt 89

Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing

The alimentary substance contained in potatoes is not very costly, because we can obtain a large amount of it with comparatively little labour. We pay more for wheat, because the production of it costs a greater amount of human labour. It is evident that if nature did for the one what it does for the other, the price of both would tend to equality. It is impossible that the producer of wheat should permanently gain much more than the producer of potatoes. The law of competition would prevent it.

Source: https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 89 · 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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