Fallacies of Protection: Being the Sophismes Economiques
Fallacies of Protection: Being the Sophismes Economiques
Bastiat, Frédéric, 1801-1850
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Let the protectionists say what they will, it is not the less certain that the principle of restriction is the very same as the principle of gaps; the sacrifice of the consumer's interest to that of the producer — in other words, the sacri- fice of the end to the means. CHAPTER XVIII THERE ARE NO ABSOLUTE PRINCIPLES We cannot wonder enough at the facility with which men resign themselves to continue ignorant of what it is most important that they should know; and we may be certain that such ign...orance is incorrigible in those who venture to proclaim this axiom : There are no absolute principles. You enter the legislative precincts. The subject of debate is whether the law should prohibit international exchangesi or proclaim freedom. A deputy rises, and says: — If you tolerate these exchanges the foreigner will inundate you with his products : England with her textile fabrics, Belgium with coals, Spain with wools, Italy with silks, Switzerland with cattle, Sweden with iron, Prussia with corn; so that home industry will no longer be possible.
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