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Economic Sophisms

by Frédéric Bastiat

Length: 86,769 words, about 347 pages, about 6 hours to read

Economics

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VII. OF THE MANUFACTURERS

We are suffering from the intolerable competition of a foreign rival, placed, it would seem, in a condition so far superior to ours for the production of light, that he absolutely inundates our national market with it at a price fabulously reduced. The moment he shows himself, our trade leaves us—all consumers apply to him; and a branch of native industry, having countless ramifications, is all at once rendered completely stagnant. This rival, who is no other than the Sun, wages war to the knife against us, and we suspect that he has been raised up by perfidious Albion (good policy as times go); inasmuch as he displays towards that haughty island a circumspection with which he dispenses in our case.

What we pray for is, that it may please you to pass a law ordering the shutting up of all windows, sky-lights, dormer-windows, outside and inside shutters, curtains, blinds, bull's-eyes; in a word, of all openings, holes, chinks, clefts, and fissures, by or through which the light of the sun has been in use to enter houses, to the prejudice of the meritorious manufactures with which we flatter ourselves we have accommodated our country,—a country which, in gratitude, ought not to abandon us now to a strife so unequal.

We trust, Gentlemen, that you will not regard this our request as a satire, or refuse it without at least previously hearing the reasons which we have to urge in its support.

And, first, if you shut up as much as possible all access to natural light, and create a demand for artificial light, which of our French manufactures will not be encouraged by it?

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VIII. DIFFERENTIAL DUTIES.

A poor vine-dresser of the Gironde had trained with fond enthusiasm a slip of vine, which, after much fatigue and much labour, yielded him, at length, a tun of wine; and his success made him forget that each drop of this precious nectar had cost his brow a drop of sweat. "I shall sell it," said he to his wife, "and with the price I shall buy stuff sufficient to enable you to furnish a trousseau for our daughter." The honest countryman repaired to the nearest town, and met a Belgian and an Englishman. The Belgian said to him: "Give me your cask of wine, and I will give you in exchange fifteen parcels of stuff." The Englishman said: "Give me your wine, and I will give you twenty parcels of stuff; for we English can manufacture the stuff cheaper than the Belgians." But a Customhouse officer, who was present, interposed, and said: "My good friend, exchange with the Belgian if you think proper, but my orders are to prevent you from making an exchange with the Englishman." "What!" exclaimed the countryman; "you wish me to be content with fifteen parcels of stuff which have come from Brussels, when I can get twenty parcels which have come from Manchester?" "Certainly; don't you see that France would be a loser if you received twenty parcels, instead of fifteen?"

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IX. IMMENSE DISCOVERY.

The illusions of inventors are proverbial, but I am positively certain that I have discovered an infallible means of bringing products from every part of the world to France, and vice versa at a considerable reduction of cost.

Infallible, did I say? Its being infallible is only one of the advantages of my invention.

It requires neither plans, estimates, preparatory study, engineers, mechanists, contractors, capital, shareholders, or Government aid!

It presents no danger of shipwreck, explosion, fire, or collision!

It may be brought into operation at any time!

Moreover—and this must undoubtedly recommend it to the public—it will not add a penny to the Budget, but the reverse. It will not increase the staff of functionaries, but the reverse. It will interfere with no man's liberty, but the reverse.

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X. RECIPROCITY.

The following apologue will demonstrate this:—

STULTA AND PUERA. There were, no matter where, two towns called Stulta and Puera. They completed at great cost a highway from the one town to the other. When this was done, Stulta said to herself, "See how Puera inundates us with her products; we must see to it." In consequence, they created and paid a body of obstructives, so called because their business was to place obstacles in the way of traffic coming from Puera. Soon afterwards, Puera did the same.

At the end of some centuries, knowledge having in the interim made great progress, the common sense of Puera enabled her to see that such reciprocal obstacles could only be reciprocally hurtful. She therefore sent a diplomatist to Stulta, who, laying aside official phraseology, spoke to this effect: "We have made a highway, and now we throw obstacles in the way of using it. This is absurd. It would have been better to have left things as they were. We should not, in that case, have had to pay for making the road in the first place, nor afterwards have incurred the expense of maintaining obstructives. In the name of Puera, I come to propose to you, not to give up opposing each other all at once—that would be to act upon a principle, and we despise principles as much as you do—but to lessen somewhat the present obstacles, taking care to estimate equitably the respective sacrifices we make for this purpose." So spoke the diplomatist.

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VII. A CHINESE STORY.

This reminds me of a Chinese story, which I shall relate to you.

There were in China two large towns, called Tchin and Tchan.

A magnificent canal united them. The Emperor thought fit to order enormous blocks of stone to be thrown into it, for the purpose of rendering it useless.

On seeing this, Kouang, his first mandarin, said to him:

"Son of Heaven! this is a mistake."

To which the Emperor replied:

"Kouang! you talk nonsense."

I give you only the substance of their conversation.

At the end of three months, the Celestial Emperor sent again for the mandarin, and said to him:

"Kouang, behold!"

And Kouang opened his eyes, and looked.

And he saw at some distance from the canal a multitude of men at work. Some were excavating, others were filling up hollows, levelling, and paving; and the mandarin, who was very knowing, said to himself, They are making a highway.

When other three months had elapsed, the Emperor again sent for Kouang, and said to him:

"Look!"

And Kouang looked.

And he saw the road completed, and from one end of it to the other he saw here and there inns for travellers erected. Crowds of pedestrians, carts, palanquins, came and went, and innumerable Chinese, overcome with fatigue, carried backwards and forwards heavy burdens from Tchin to Tchan, and from Tchan to Tchin; and Kouang said to himself, It is the destruction of the canal which gives employment to these poor people. But the idea never struck him that their labour was simply diverted from other employments.

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10 of the best lines

Protection concentrates on one point the good which it produces, while the evils which it inflicts are spread over the masses. The one is visible to the naked eye; the other only to the eye of the mind.

INTRODUCTION.Keep reading from here

Man does not live upon nominal values, but upon real products, and the more products there are, whatever be their price, the richer he is.

XI. NOMINAL PRICES.Keep reading from here

My good friends I when you detect a sophism in a petition, button up your breeches-pocket, for you may be sure that this is the mark aimed at.

XXI. RAW MATERIALS.Keep reading from here

Spoliation not only displaces wealth, but always partially destroys it.

I. PHYSIOLOGY OF SPOLIATION.Keep reading from here

There would be fewer cheats simply because there would be fewer dupes.

II. TWO PRINCIPLES OF MORALITY.Keep reading from here

Besides, right or wrong, we are all robbed or robbers in this business.

IX. THE PREMIUM THEFT.Keep reading from here

Hang nobody, and set everybody free.

XIII. PROTECTION; OR, THE THREE CITY MAGISTRATES. Demonstration in FourKeep reading from here

The government has only to allow the beef to be imported, and the most civilized people in the world will know how to use it without being taught by a master.

XV. THE LITTLE ARSENAL OF THE FREE-TRADER.Keep reading from here

The more difficulties there are to be overcome, the more work;

Report Addressed to the King.Keep reading from here

And after all has been tried, we have still the practically ex-haustless resource of amputation.

Report Addressed to the King.Keep reading from here

All 73 Economic Sophisms quotes, with the words around each

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Contents

All 55 parts
  1. Chapter 1873
  2. TRANSLATOR'S PREFACE.
  3. P.J.S.
  4. ECONOMIC SOPHISMS. FIRST SERIES.
  5. INTRODUCTION.
  6. I. ABUNDANCE, SCARCITY.
  7. II. OBSTACLE, CAUSE.
  8. III. EFFORT, RESULT.
  9. IV. TO EQUALIZE THE CONDITIONS OF PRODUCTION.
  10. V. OUR PRODUCTS ARE BURDENED WITH TAXES.
  11. VI. BALANCE OF TRADE.
  12. VII. OF THE MANUFACTURERS
  13. VIII. DIFFERENTIAL DUTIES.
  14. IX. IMMENSE DISCOVERY.
  15. X. RECIPROCITY.
  16. XI. NOMINAL PRICES.
  17. XII. DOES PROTECTION RAISE THE RATE OF WAGES?
  18. XIII. THEORY, PRACTICE.
  19. XIV. CONFLICT OF PRINCIPLES.
  20. XV. RECIPROCITY AGAIN.
  21. XVI. OBSTRUCTED NAVIGATION PLEADING FOR THE PROHIBITIONISTS.
  22. XVII. A NEGATIVE RAILWAY.
  23. XVIII. THERE ARE NO ABSOLUTE PRINCIPLES.
  24. XIX. NATIONAL INDEPENDENCE.
  25. XX. HUMAN LABOUR, NATIONAL LABOUR.
  26. XXI. RAW MATERIALS.
  27. XXII. METAPHORS.
  28. CONCLUSION.
  29. END OF THE FIRST SERIES.
  30. SECOND SERIES.
  31. I. PHYSIOLOGY OF SPOLIATION.
  32. COMMENTARY.
  33. JUSTIFICATION.
  34. II. TWO PRINCIPLES OF MORALITY.
  35. III. THE TWO HATCHETS.
  36. IV. LOWER COUNCIL OF LABOUR.
  37. EFFECTS OF PROTECTION.—REPORT OF THE TAILORS.
  38. EFFECTS OF PROTECTION.—REPORT OF THE BLACKSMITHS.
  39. V. DEARNESS-CHEAPNESS.
  40. SUPPLEMENT.*
  41. VI. TO ARTISANS AND WORKMEN.
  42. VII. A CHINESE STORY.
  43. VIII. POST HOC, ERGO PROPTER HOC.
  44. IX. THE PREMIUM THEFT.
  45. X. THE TAXGATHERER.
  46. Jacques Bonhomme, a Vinedresser.
  47. XI. THE UTOPIAN FREE-TRADER.
  48. XII. THE SALT-TAX, RATES OF POSTAGE, AND CUSTOMHOUSE DUTIES.
  49. XIII. PROTECTION; OR, THE THREE CITY MAGISTRATES. Demonstration in Four
  50. XIV. SOMETHING ELSE.
  51. XV. THE LITTLE ARSENAL OF THE FREE-TRADER.
  52. XVI. THE RIGHT HAND AND THE LEFT.
  53. Report Addressed to the King.
  54. XVII. DOMINATION BY LABOUR.
  55. THE END.

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Text from Project Gutenberg. In the public domain in the USA. The Project Gutenberg License is kept inside the file. Every passage and line on this page is the book's own words, checked against the text.