Summary

Portrait of Frédéric Bastiat Frédéric Bastiat Sophisms of the Protectionists

While the economists perform their task in uprooting prejudice, stimulating just and necessary opposition, studying and exposing the real nature of actions and things, let the religious moralist, on his part, perform his more attractive, but more difficult, labor; let him attack the very body of iniquity, follow it to its most vital parts, paint the charms of beneficence, self-denial and devotion, open the fountains of virtue where we can only choke the sources of vice—this is his duty. It is noble and beautiful. But why does he dispute the utility of that which belongs to us?
Source: Gutenberg

Portrait of Frédéric Bastiat Frédéric Bastiat Sophisms of the Protectionists

Do you lay down your pen to take up the blacking-brush in order to avoid paying tribute to the shoe-black? Does not the whole economy of society depend upon a separation of occupations, a division of labor, in a word, upon mutual exchange of production, by which we, one and all, make a calculation which causes us to discontinue direct production, when indirect acquisition offers us a saving of time and labor.
You are not then sustained by practice, since it would be impossible, were you to search the world, to show us a single man who acts according to your principle.
Source: Gutenberg

Portrait of Frédéric Bastiat Frédéric Bastiat Sophisms of the Protectionists

You say to yourselves sometimes, "But to assert that capital ought not to produce interest, is to say that he who has created instruments of labor, or materials, or provisions of any kind, ought to yield them up without compensation. Is that just? And then, if it is so, who would lend these instruments, these materials, these provisions? who would take care of them? who even would create them? Every one would consume his proportion, and the human race would never advance a step. Capital would be no longer formed, since there would be no interest in forming it.
Source: Gutenberg

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