Economic Sophisms (1873)

Economic Sophisms is a book written by Frederic Bastiat, a French economist, in 1873. The book is a collection of essays that debunk common economic fallacies and misconceptions. Bastiat uses his wit and logic to dismantle arguments that support protectionism, tariffs, and government intervention in the economy. He argues that these policies ultimately harm consumers and stifle economic growth. Bastiat's writing style is accessible and engaging, making complex economic concepts easy to understand. He uses real-world examples to illustrate his points, making the book relevant to readers of all backgrounds. The book is divided into two parts. The first part addresses fallacies related to the concept of wealth, such as the belief that imports are always bad for the economy. The second part focuses on fallacies related to economic policies, such as the idea that government subsidies are necessary to support domestic industries. Overall, Economic Sophisms is a timeless classic that challenges readers to think critically about economic issues. It remains relevant today as debates about free trade, protectionism, and government intervention continue to shape economic policy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.