Harmonies of Political Economy: Translated from the Third French Edition, with a Notice of the Life and Writings of the AuthorBastiat, Frédéric
Philosophy
Harmonies of Political Economy: Translated from the Third French Edition, with a Notice of the Life and Writings of the Author
Bastiat, Frédéric
Economics
Governments which persuade themselves that nothing good can be
done but through their instrumentality, refuse to acknowledge this
harmonic law.
‹Exchange develops itself› «NATURALLY» ‹until it becomes more onerous
than useful, and at that point it› «NATURALLY» ‹stops›.
In consequence, we find governments everywhere busying themselves in
favouring or restraining trade.
In order to carry it ‹beyond› its natural limits, they set to
conquering colonies and opening new markets. In order to confine it
‹within› its natural bounds, they invent all sorts of restrictions
and fetters.
This intervention of Force in human transactions is the source of
innumerable evils.
The Increase of this force itself is an evil to begin with; for it
is very evident that the State cannot make conquests, retain distant
countries under its rule, or divert the natural course of trade by
the action of tariffs, without greatly increasing the number of its
agents.
The Diversion of the public Force from its legitimate functions is
an evil still greater than its Increase. Its rational mission was to
protect Liberty and Property; and here you have it violating Liberty
and Property. All just notions and principles are thus effaced from
men’s minds. The moment you admit that Oppression and Spoliation are
legitimate, provided they are legal—provided they interfere only by
means of the Law or public Force, you find by degrees each class of
citizens demanding that the interest of every other class should be
sacrificed to it.
This intervention of Force in the business of Exchanges, whether
it succeeds in promoting or in restraining them, cannot fail to
occasion both the Loss and Displacement of labour and capital, and,
of consequence, a disturbance of the natural distribution of the
population. On one side, natural interests disappear, on the other,
artificial interests are created, and men are forced to follow the
course of these interests. It is thus we see important branches of
industry established where they ought not to be. France makes sugar;
England spins cotton, brought from the plains of India. Centuries
of war, torrents of blood, the dissipation of vast treasures, have
brought about these results, and the effect has been to substitute in
Europe sickly and precarious for sound and healthy enterprises, and
to open the door to commercial crises, to stoppages, to instability,
and finally to Pauperism.
But I find I am anticipating. What we ought first to do is to [p116]
acquaint ourselves with the free and natural development of human
societies, and then investigate the Disturbances.
Public-domain text, read in full here on John Shaqi.
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