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 great increase in the quantity of work, which, in consequence
of the division of labour, the same number of people are capable of
performing, is owing to three circumstances,” says that celebrated
Economist: “‹First›, to the increase of dexterity in every particular
workman; ‹secondly›, to the saving of time which is commonly lost
in passing from one species of work to another; ‹thirdly›, to this,
that men are much more likely to discover easier and readier methods
of attaining an object when the whole attention of their minds is
directed to that single object, than when it is dissipated among a
great variety of things.”
Those who, like Adam Smith, see in Labour the exclusive source of
wealth, confine themselves to inquiring in what way the division
of labour increases its efficiency. But we have seen in the
preceding chapter that labour is not the sole agent in procuring us
satisfaction. ‹Natural forces› co-operate. That is beyond doubt.
Thus, in agriculture, the action of the sun and of the rain, the
moisture of the earth, and the gases diffused in the atmosphere,
are undoubtedly agents which co-operate with human labour in the
production of vegetable substances.
Manufacturing industry owes analogous services to the chemical
qualities of certain substances, to water-power, to the elasticity of
steam, to gravitation, to electricity.
Commerce has turned to the profit of man the vigour and instincts of
certain races of animals, the force of the winds which fill the sails
of his ships, the laws of magnetism, which, acting on the compass,
direct the course of these ships through the pathless ocean.
There are two verities which are beyond all dispute. The [p106]
first is, that ‹the more man avails himself of the forces of nature,
the better he is provided with everything he requires›.
It is sufficiently evident that, with equal exertion, we obtain more
corn from a rich loamy soil than from sterile rocks or arid sands.
The second is, ‹that natural agents are unequally diffused over the
various countries of the world›.
Who would venture to maintain that all soils are equally well fitted
for all kinds of culture, or all countries for the same description
of manufactures?
Now, if it be true on the one hand that natural forces are unequally
diffused in the different countries of the world, and on the other
that men are richer in proportion as they avail themselves of them,
it follows that the faculty of Exchange immeasurably augments the
useful co-operation of these forces.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account