Fallacies of Protection Being the Sophismes Conomiques of Frederick Bastiat
Fallacies of Protection Being the Sophismes Conomiques of Frederick Bastiat
Fridirick Bastiat
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It promised us wonderful things; we accepted it; and here are our manufactures at a standstill, and the people suffer- ing : Cum hoc, ergo propter hoc. Free trade distributes in the most uniform and equit- able manner the fruits which Providence accords to human labour. If we are deprived of part of these fruits by- natural causes, such as a succession of bad seasons, free trade does not fail to distribute in the same manner what remains. Men are, no doubt, not so well provided with what they w...ant ; but are we to impute this to free trade, or to the bad harvests ? Liberty acts on the same principle as insurance. When an accident, like a fire, happens, insurance spreads over a great number of men and a great number of years, losses which, in the absence of insurance, would have fallen all at once upon one individual. But will anyone undertake > This was written in December, 1846. — French Editor. 166 POST HOC, ERGO PROPTER HOC 167 to affirm that fire has become a greater evil since the introduction of insurance?
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