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Economic Sophisms · Frédéric Bastiat — chapter 4 of 71 · ~1,103 words · public domain

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The former desires that the subject of the bargain should be scarce, its supply limited, and its price high.

The latter desires that it should be abundant, its supply large, and its price low.

The laws, which should be at least neutral, take the part of the seller against the buyer, of the producer against the consumer, of dearness against cheapness,** of scarcity against abundance.

* The author has modified somewhat the terms of this proposition in a posterior work.--See Harmonies Économiques, chapter xi.--Editor.

** We have not in French a substantive to express the idea opposed to that of dearness (cheapness). It is somewhat remarkable that the popular instinct expresses the idea by this periphrase, marché avantageux, bon marche'. The protectionists would do well to reform this locution, for it implies an economic system opposed to theirs.

They proceed, if not intentionally, at least logically, on this datum: a nation is rich when it is in want of everything.

For they say, it is the producer that we must favour by securing him a good market for his product. For this purpose it is necessary to raise the price, and in order to raise the price we must restrict the supply; and to restrict the supply is to create scarcity.

Just let us suppose that at the present moment, when all these laws are in full force, we make a complete inventory, not in value, but in weight, measure, volume, quantity, of all the commodities existing in the country, which are fitted to satisfy the wants and tastes of its inhabitants--corn, meat, cloth, fuel, colonial products, etc.

Suppose, again, that next day all the barriers which oppose the introduction of foreign products are removed.

Lastly, suppose that in order to test the result of this reform, they proceed three months afterwards to make a new inventory.

Is it not true that there will be found in France more corn, cattle, cloth, linen, iron, coal, sugar, etc., at the date of the second, than at the date of the first inventory?

So true is this, that our protective tariffs have no other purpose than to hinder all these things from reaching us, to restrict the supply, and prevent depreciation and abundance.

Now I would ask, Are the people who live under our laws better fed because there is less bread, meat, and sugar in the country? Are they better clothed, because there is less cloth and linen? Better warmed, because there is less coal? Better assisted in their labour, because there are fewer tools and less iron, copper, and machinery?

But it may be said, If the foreigner inundates us with his products, he will carry away our money.

And what does it matter? Men are not fed on money. They do not clothe themselves with gold, or warm themselves with silver. What matters it whether there is more or less money in the country, if there is more bread on our sideboards, more meat in our larders, more linen in our wardrobes, more firewood in our cellars.

Restrictive laws always land us in this dilemma:--

Either you admit that they produce scarcity, or you do not. If you admit it, you avow by the admission that you inflict on the people all the injury in your power. If you do not admit it, you deny having restricted the supply and raised prices, and consequently you deny having favoured the producer.

What you do is either hurtful or profitless, injurious or ineffectual. It never can be attended with any useful result.

II. OBSTACLE, CAUSE.

The obstacle mistaken for the cause,--scarcity mistaken for abundance,--this is the same sophism under another aspect; and it is well to study it in all its phases.

Man is originally destitute of everything.

Between this destitution and the satisfaction of his wants, there exist a multitude of obstacles which labour enables us to surmount. It is curious to inquire how and why these very obstacles to his material prosperity have come to be mistaken for the cause of that prosperity.

I want to travel a hundred miles. But between the starting-point and the place of my destination, mountains, rivers, marshes, impenetrable forests, brigands--in a word, obstacles--interpose themselves; and to overcome these obstacles, it is necessary for me to employ many efforts, or, what comes to the same thing, that others should employ many efforts for me, the price of which I must pay them. It is clear that I should have been in a better situation if these obstacles had not existed.

On his long journey through life, from the cradle to the grave, man has need to assimilate to himself a prodigious quantity of alimentary substances, to protect himself against the inclemency of the weather, to preserve himself from a number of ailments, or cure himself of them. Hunger, thirst, disease, heat, cold, are so many obstacles strewn along his path. In a state of isolation he must overcome them all, by hunting, fishing, tillage, spinning, weaving, building; and it is clear that it would be better for him that these obstacles were less numerous and formidable, or, better still, that they did not exist at all. In society, he does not combat these obstacles personally, but others do it for him; and in return he employs himself in removing one of those obstacles which are encountered by his fellow-men.

It is clear also, considering things in the gross, that it would be better for men in the aggregate, or for society, that these obstacles should be as few and feeble as possible.

But when we come to scrutinize the social phenomena in detail, and men's sentiments as modified by the introduction of exchange, we soon perceive how they have come to confound wants with wealth, the obstacle with the cause.

The separation of employments, the division of labour, which results from the faculty of exchanging, causes each man, instead of struggling on his own account to overcome all the obstacles which surround him, to combat only one of them; he overcomes that one not for himself but for his fellow-men, who in turn render him the same service.

The consequence is that this man, in combating this obstacle which it is his special business to overcome for the sake of others, sees in it the immediate source of his own wealth. The greater, the more formidable, the more keenly felt this obstacle is, the greater will be the remuneration which his fellow-men will be disposed to accord him; that is to say, the more ready will they be to remove the obstacles which stand in his way.

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