Fallacies of Protection Being the Sophismes Economiques
Fallacies of Protection Being the Sophismes Economiques
Fridirick Bastiat
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Here is another report : EFFECTS OF PROTECTION. REPORT OF THE BLACKSMITHS Inconveniences. Advantages. ist, The policy of protection imposes a tax upon us every time we eat, drink, or warm or clothe ourselves, and this tax does not go to the treasury. 2nd, It imposes a like tax upon all our fellow-citizens who are not of our trade, and they, being so much the poorer, have re- course to cheap substitutes for our work, which deprives us of the employment we should otherwise have had. 3rd, It keeps... up iron at so high a price, that it is not employed in the country for ploughs, grates, gates, balconies, etc. ; and our trade, which might furnish employment to so many other people who are in want of it, no longer furnishes employment to ourselves. 4th, The revenue which the treasury fails to obtain from commodities which are not imported, is levied upon the salt we use, postages, etc. All the other reports (with which it is unnecessary to trouble the reader) are to the same tune. Gardeners, carpenters, shoemakers, clogmakers, boatmen, millers, all give vent to the same complaints.
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