Investing · Western classics
Frédéric Bastiat:Economic Sophisms, Excerpt 93
Frédéric Bastiat《Economic Sophisms》· Economic Sophisms · Investing
Hence we see the enormous absurdity of consuming countries which reject products for the very reason that they are cheap. It is as if they said, "We want nothing that nature gives us. You ask me for an effort equal to two, in exchange for a product which I cannot create without an effort equal to four; you can make that effort, because in your case nature does half the work. Be it so; I reject your offer, and I shall wait until your climate, having become more inclement, will force you to demand from me an effort equal to four, in order that I may treat with you _on a footing of equality_."
Source:
https://www.gutenberg.org/ebooks/44145
Locator:Excerpt 93 · Verified:2026-10-19 · Verification:Short excerpt
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Does this passage change one judgment about money or risk today?
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