Popular Fallacies Regarding Trade And Foreign Duties: Being The Sophismes Economiques Of Frederic Bastiat, Adapted To The Present Time (1882)

Popular Fallacies Regarding Trade And Foreign Duties is a book written by Frederic Bastiat, a French economist, in 1882. The book is a collection of essays that debunk common misconceptions about trade and foreign duties. Bastiat's essays, originally published in the mid-19th century, serve as a critique of the protectionist policies that were prevalent in his time. The book is divided into two parts. The first part deals with popular fallacies about trade, such as the belief that a trade deficit is harmful or that tariffs protect domestic industries. The second part focuses on foreign duties, including the idea that a country can become wealthy by restricting imports. Bastiat's arguments are based on the principles of free trade and the benefits of competition.The essays are written in a clear and concise style, making them accessible to readers of all backgrounds. The book is also noteworthy for its relevance to contemporary debates about trade and protectionism. Bastiat's insights into the dangers of protectionism remain relevant today, as countries continue to grapple with the challenges of globalization and economic interdependence.Overall, Popular Fallacies Regarding Trade And Foreign Duties is a seminal work in the field of economics, and a must-read for anyone interested in the history of economic thought, international trade, and the role of government in the economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.