The economic debate over free trade versus protectionism is as relevant today as it was in the mid-nineteenth century, when the scathing takedown Sophisms of the Protectionists was first published. French economist Frederic Bastiat meticulously dismantles the arguments in favor of protectionism and unleashes a rousing battle cry in favor of unfettered trade.
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Table of contents
- Title
- Contents
- Preface
- Preface to First Edition
- PART I - SOPHISMS OF PROTECTION
- First Series - Introduction
- I - AbundanceāScarcity
- II - ObstacleāCause
- III - EffortāResult
- IV - Equalizing of the Facilities of Production
- V - Our Productions Are Overloaded with Taxes
- VI - Balance of Trade
- VII - Petition from the Manufacturers of Candles, Wax-Lights, Lamps, Chandeliers, Reflectors, Snuffers, Extinguishers; and from the Producers of Tallow, Oil, Resin, Alcohol, and Generally of Every Thing Used for Lights
- VIII - Discriminating Duties
- IX - Wonderful Discovery!
- X - Reciprocity
- XI - Absolute Prices
- XII - Does Protection Raise the Rate of Wages?
- XIII - TheoryāPractice
- XIV - Conflicting Principles
- XV - Reciprocity Again
- XVI - Obstructed Rivers Pleading for the Prohibitionists
- XVII - A Negative Railroad
- XVIII - "There Are No Absolute Principles"
- XIX - National Independence
- XX - Human LaborāNational Labor
- XXI - Raw Material
- XXII - Metaphors
- Conclusion
- PART II - SOPHISMS OF PROTECTION
- I - Natural History of Spoliation
- II - Two Systems of Morals
- III - The Two Hatchets
- IV - Inferior Council of Labor
- V - DearnessāCheapness
- VI - To Artisans and Laborers
- VII - A Chinese Story
- VIII - Post Hoc, Ergo Propter Hoc
- IX - Robbery by Bounties
- X - The Tax Collector
- XI - Utopian Ideas
- XII - Salt, Postage, and Customs
- XIII - The Three Aldermen
- XIV - Something Else
- XV - The Little Arsenal of the Free Trader
- XVI - The Right and the Left Hand
- XVII - Supremacy by Labor
- PART III - SPOLIATION AND LAW
- PART IV - CAPITAL AND INTEREST
- Endnotes
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