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
The economic laws will be found to act on the same principle,
whether we take the case of a numerous agglomeration of men or of
only two individuals, or even of a single individual condemned by
circumstances to live in a state of isolation.
Such an individual, if he could exist for some time in an isolated
state, would be at once capitalist, employer, workman, producer,
and consumer. The whole economic evolution would be accomplished
in him. Observing each of the elements of which that evolution is
made up—want, effort, satisfaction—gratuitous utility, and onerous
utility—he would be enabled to form an idea of the entire mechanism,
even when thus reduced to its greatest simplicity.
One thing is obvious enough, that he could never confound what
was gratuitous with what exacted efforts; for that would imply a
contradiction in terms. He would know at once when a material or a
force was furnished to him by nature without the co-operation of his
labour, even when his own labour was assisted by natural agents, and
thus rendered more productive.
An isolated individual would never think of applying his own labour
to the production of a commodity as long as he could procure it
directly from nature. He would not travel a league to fetch water
if he had a well at his door. For the same reason, whenever his own
labour was called into requisition, he would endeavour to substitute
for it, as much as he possibly could, the co-operation of natural
agents.
If he constructed a canoe, he would make it of the lightest
materials, in order to take advantage of the specific gravity of
water. He would furnish it with a sail, that the wind might save him
the trouble of rowing, etc. [p197]
In order to obtain in this way the co-operation of natural agent,
tools and instruments would be wanted.
And here the isolated individual would begin to calculate. He would
ask himself this question: At present I obtain a satisfaction at the
expense of a given effort: when I am in possession of the proper tool
or instrument, shall I obtain the same satisfaction with less effort,
taking into account the labour required for the construction of the
instrument itself?
No one will throw away his labour for the mere pleasure of throwing
it away. Our supposed Robinson Crusoe, then, will be induced to set
about constructing the instrument only if he sees clearly that, when
completed, he will obtain an equal satisfaction at a smaller expense
of effort, or a greater amount of satisfaction with the same effort.
Public-domain text, read in full here on John Shaqi.
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