Chapter I: Part IV: Capital and Interest

ECONOMIC SOPHISMS By Frederic Bastiat

CONTENTS TRANSLATOR'S PREFACE. ECONOMIC SOPHISMS. FIRST SERIES. INTRODUCTION. I. ABUNDANCE, SCARCITY. II. OBSTACLE, CAUSE. III. EFFORT, RESULT. IV. TO EQUALIZE THE CONDITIONS OF PRODUCTION. V. OUR PRODUCTS ARE BURDENED WITH TAXES. VI. BALANCE OF TRADE. VII. OF THE MANUFACTURERS VIII. DIFFERENTIAL DUTIES. IX. IMMENSE DISCOVERY. X. RECIPROCITY. XI. NOMINAL PRICES. XII. DOES PROTECTION RAISE THE RATE OF WAGES? XIII. THEORY, PRACTICE. XIV. CONFLICT OF PRINCIPLES. XV. RECIPROCITY AGAIN. XVI. OBSTRUCTED NAVIGATION PLEADING FOR THE PROHIBITIONISTS. XVII. A NEGATIVE RAILWAY. XVIII. THERE ARE NO ABSOLUTE PRINCIPLES. XIX. NATIONAL INDEPENDENCE. XX. HUMAN LABOUR, NATIONAL LABOUR. XXI. RAW MATERIALS. XXII. METAPHORS. CONCLUSION. SECOND SERIES. I. PHYSIOLOGY OF SPOLIATION. II. TWO PRINCIPLES OF MORALITY. III. THE TWO HATCHETS. IV. LOWER COUNCIL OF LABOUR. V. DEARNESS-CHEAPNESS. VI. TO ARTISANS AND WORKMEN. VII. A CHINESE STORY. VIII. POST HOC, ERGO PROPTER HOC. IX. THE PREMIUM THEFT. X. THE TAXGATHERER. XI. THE UTOPIAN FREE-TRADER. XII. THE SALT-TAX, RATES OF POSTAGE, AND CUSTOMHOUSE DUTIES. XIII. PROTECTION; OR, THE THREE CITY MAGISTRATES. Demonstration in Four XIV. SOMETHING ELSE. XV. THE LITTLE ARSENAL OF THE FREE-TRADER. XVI. THE RIGHT HAND AND THE LEFT. XVII. DOMINATION BY LABOUR.

THE LAW By Frédéric Bastiat