[Sophisms of the Protectionists by Frederic Bastiat]@TWC D-Link book
Sophisms of the Protectionists

PARTisans of free trade, we are accused of being theorists, and not
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Since the use of money, no man says, I will seek shoes, hats, advice, lessons, only from the shoemaker, the hatter, the lawyer, or teacher, who will buy from me the exact equivalent of these in corn.

Why should nations impose upon themselves so troublesome a restraint?
Suppose a nation without any exterior relations.

One of its citizens makes a crop of corn.

He casts it into the _national_ circulation, and receives in exchange--what?
Money, bank bills, securities, divisible to any extent, by means of which it will be lawful for him to withdraw when he pleases, and, unless prevented by just competition from the national circulation, such articles as he may wish.

At the end of the operation, he will have withdrawn from the mass the exact equivalent of what he first cast into it, and in value, _his consumption will exactly equal his production_.
If the exchanges of this nation with foreign nations are free, it is no longer into the _national_ circulation but into the _general_ circulation that each individual casts his produce, and from thence his consumption is drawn.


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