[What Is Free Trade? by Frederick Bastiat]@TWC D-Link book
What Is Free Trade?

CHAPTER IV
20/32

As for the public--the consumer--it gains but little, for Guttenberg takes care to lower the price of books only just so much as is necessary to undersell all rivals.
But the great Mind which put harmony into the movements of celestial bodies, could also give it to the internal mechanism of society.

We will see the advantages of this invention escaping from the individual, to become for ever the common patrimony of mankind.
The process finally becomes known.

Guttenberg is no longer alone in his art; others imitate him.

Their profits are at first considerable.
They are recompensed for being the first who made the effort to imitate the processes of the newly-invented art.

This again was necessary, in order that they might be induced to the effort, and thus forward the great and final result to which we approach.


<<Back  Index  Next>>

D-Link book Top

TWC mobile books