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Quote by Frederic Bastiat

“Trade protection accumulates upon a single point the good which it effects, while the evil inflicted is infused throughout the mass. The one strikes the eye at a first glance, while the other becomes perceptible only to close investigation.”

Quote by Frederic Bastiat

Work

Sophisms of the Protectionists

This book delves into the theoretical and practical aspects of protectionism, analyzing its philosophical underpinnings and the various arguments for and against its implementation. more

Author

Frederic Bastiat
Frederic Bastiat

French economist and a prominent figure in the classical liberal tradition. Born on June 30, 1801, and died on December 24, 1850. His writings had a profound impact on economics and political philosophy. more

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“God certainly knows of some happiness for us which He is going to bring out of the trouble, only we must have patience and not run away. And then all at once something happens and we see clearly ourselves that God has had some good thought in His mind all along; but because we cannot see things beforehand, and only know how dreadfully miserable we are, we think it is always going to be so.”