Sophisms of the Protectionists
eBook - ePub

Sophisms of the Protectionists

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Sophisms of the Protectionists

About this book

Sophisms of the Protectionists by FrĂ©dĂ©ric Bastiat is a seminal work in the field of economic thought, first published in the mid-19th century. In this incisive and accessible book, Bastiat systematically dismantles the arguments used to justify protectionist economic policies, which advocate for tariffs, trade barriers, and government intervention to shield domestic industries from foreign competition. Through a series of essays, Bastiat exposes the logical fallacies—what he calls sophisms—that underpin protectionist rhetoric, using wit, clear reasoning, and vivid examples to make his case. The book is structured as a collection of short chapters, each addressing a specific misconception or argument commonly advanced by protectionists. Bastiat tackles issues such as the supposed benefits of tariffs, the balance of trade fallacy, the idea that imports harm domestic employment, and the belief that government intervention can create prosperity. He employs a conversational and often satirical style, making complex economic concepts understandable to readers without specialized knowledge. Bastiat's central thesis is that protectionism benefits a small group—usually politically connected producers—at the expense of the broader public, particularly consumers and workers. He argues that free trade, by contrast, leads to greater efficiency, lower prices, and increased prosperity for all. Throughout the book, Bastiat emphasizes the importance of looking beyond immediate, visible effects to consider the broader, often unseen consequences of economic policies—a principle famously encapsulated in his later essay, What Is Seen and What Is Not Seen. Sophisms of the Protectionists remains a powerful critique of economic nationalism and interventionism, and its arguments are as relevant today as they were in Bastiat's time. The book is widely regarded as a classic of economic literature, praised for its clarity, logic, and enduring insights into the nature of trade, markets, and government policy. Whether read by students, policymakers, or general readers interested in economics, Bastiat's work continues to challenge misconceptions and advocate for the principles of economic freedom.

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Yes, you can access Sophisms of the Protectionists by Bastiat in PDF and/or ePUB format, as well as other popular books in Economics & Development Economics. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. SOPHISMS