Investing · Western classics
Frédéric Bastiat:Economic Sophisms, Excerpt 90
Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing
Tropical regions are very favourably situated for the production of sugar and of coffee. This means that nature does a great part of the work, and leaves little for human labour to do. But who reaps the advantage of this liberality of nature? Not the producing countries, for competition causes the price barely to remunerate the labour. It is the human race that reaps the benefit, for the result of nature's liberality is cheapness, and cheapness benefits everybody.
Source:
https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 90 · 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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