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
Many errors in Political Economy proceed from authors thus regarding
human wants as a fixed determinate quantity; and it is for this
reason that I have deemed it my duty to enlarge on this subject.
At the risk of anticipating, it is worth while to notice briefly
this mode of reasoning. Economists take generally the enjoyments
which satisfy men of the present day, and they assume that human
nature admits of no other. Hence, if the bounty of nature, or the
power of machinery, or habits of temperance and moderation, succeed
in rendering disposable for a time a portion of human labour,
this progress disquiets them, they consider it as a disaster, and
they retreat behind absurd but specious formulas, such as these:
‹Production is superabundant›,—‹we suffer from plethora›,—‹the power
of producing outruns the power of consuming›, etc. [p083]
It is not possible to discover a solution of the question of
‹machinery›, or that of ‹external competition›, or that of ‹luxury›,
if we persist in considering our ‹wants› as a fixed invariable
quantity, and do not take into account their indefinite expansibility.
But if human ‹wants› are indefinite, progressive, capable of
increase, like desire, which is their never failing source, we must
admit, under pain of introducing discordance and contradiction
into the economical laws of society, that nature has placed
in man and around him indefinite and progressive means of
‹satisfaction›;—equilibrium between the means and the end being the
primary condition of all harmony. This is what we shall now examine.
I said at the outset of this work that the object of Political
Economy is ‹man›, considered with reference to his wants, and his
means of satisfying these wants.
We must then begin with the study of man and his organization.
But we have also seen that he is not a solitary being. If his ‹wants›
and his ‹satisfactions› are, from the very nature of sensibility,
inseparable from his being, the same thing cannot be said of his
‹efforts›, which spring from the active principle. The latter are
susceptible of transmission. In a word, men work for one another.
Now a very strange thing takes place.
If we take a general, or, if I may be allowed the expression,
abstract view, of man, his wants, his efforts, his satisfactions, his
constitution, his inclinations, his tendencies, we fall into a train
of observation which appears free from doubt and self-evident,—so
much so, that the writer finds a difficulty in submitting to the
public judgment truths so vulgar and so palpable. He is afraid
of provoking ridicule; and thinks, not without reason, that the
impatient reader will throw away his book, exclaiming, “I shall not
waste time on such trivialities.”
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