What Is Free Trade?: An Adaptation of Frederic Bastiat's "Sophismes Éconimiques" Designed for the American Reader

· 1850

What! Can such a question be asked? Has it ever been pretended, is it possible to maintain, that scarcity is better than plenty? Yes: not only has it been maintained, but it is still maintained. Congress says so; many of the newspapers (now happily diminishing in number) say so; a large portion of the public say so; indeed, the _city theory_ is by far the more popular one of the two.…

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