What Is Free Trade?
What Is Free Trade?
An Adaptation of Frederic Bastiat's ''Sophismes Éconimiques'' Designed for the American Reader
Book Excerpt
h it the fortunes
of the coopers. We must prevent this. Let us proscribe the machine!
To sift thoroughly this sophism, it is sufficient to remember that human labor is not an end but a means.
_Labor is never without employment._ If one obstacle is removed, it seizes another, and mankind is delivered from two obstacles by the same effort which was at first necessary for one. If the labor of coopers could become useless, it must take another direction. To maintain that human labor can end by wanting employment, it would be necessary to prove that mankind will cease to encounter obstacles.
CHAPTER III.
EFFORT--RESULT.
We have seen that between our wants and their gratification many obstacles are interposed. We conquer or weaken these by the employment of our faculties. It may be said, in general terms, that industry is an effort followed by a result.
But by what do we measure our well-being? By our riches? By the result of our effort, or
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