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The Balance Of Trade Is An Article Of Faith.
-Frederic Bastiat
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The Balance Of Trade Is An Article
Frederic Bastiat
The Balance Of Trade Is An Article Of Faith.
Views: 52268
Topic
Balance
Imbalance
Trade
More From Frederic Bastiat
Here I Encounter The Most Popular Fallacy Of Our Times. It Is Not Considered Sufficient That The Law Should Guarantee To Every Citizen The Free And Inoffensive Use Of His Faculties For Physical, Intellectual And Moral Self-improvement. Instead, It Is Demanded That The Law Should Directly Extend Welfare, Education, And Morality Throughout The Nation. This Is The Seductive Lure Of Socialism. And I Repeat: These Two Uses Of The Law Are In Direct Contradiction To Each Other.
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Two
Since No Individual Acting Separately Can Lawfully Use Force To Destroy The Rights Of Others, Does It Not Logically Follow That The Same Principle Also Applies To The Common Force That Is Nothing More Than The Organized Combination Of The Individual Forces?
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Law Is Justice. And It Is Under The Law Of Justice - Under The Reign Of Right; Under The Influence Of Liberty, Safety, Stability, And Responsibility - That Every Person Will Attain His Real Worth And The True Dignity Of His Being. It Is Only Under This Law Of Justice That Mankind Will Achieve - Slowly, No Doubt, But Certainly - God's Design For The Orderly And Peaceful Progress Of Humanity.
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Countries Which Enjoy The Highest Level Of Peace, Happiness And Prosperity Are The Ones Where The Law Least Interfered With Private Affairs.
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The Balance Of Trade Is An Article Of Faith.
Balance
Imbalance
Trade
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