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Adam Smith wrote about it at length so it’s been known since before economics became a field of study
by isleyaardvark 1y ago
Adam Smith wrote about it at length so it’s been known since before economics became a field of study
- mothballed 1y agoI enjoyed Bastiat's indictment http://bastiat.org/en/petition.html http://bastiat.org/en/petition.html The question, and we pose it formally, is whether what you desire for France is the benefit of consumption free of charge or the alleged advantages of onerous production. Make your choice, but be logical; for as long as you ban, as you do, foreign coal, iron, wheat, and textiles, in proportion as their price approaches zero, how inconsistent it would be to admit the light of the sun, whose price is zero all day long!