[Sophisms of the Protectionists by Frederic Bastiat]@TWC D-Link bookSophisms of the Protectionists PART II 52/174
The latter pronounce themselves in favor of _dearness_, preoccupying themselves solely with the interests of the producer. Others intervene, saying, _producer and consumer are one and the same_, which leaves wholly undecided the question whether cheapness or dearness ought to be the object of legislation. In this conflict of opinion it seems to me that there is only one position for the law to take--to allow prices to regulate themselves naturally.
But the principle of "let alone" has obstinate enemies.
They insist upon legislation without even knowing the desired objects of legislation.
It would seem, however, to be the duty of those who wish to create high or low prices artificially, to state, and to substantiate, the reasons of their preference.
The burden of proof is upon them. Liberty is always considered beneficial until the contrary is proved, and to allow prices naturally to regulate themselves is liberty.
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