Mises Daily
Author:
Claude Frédéric Bastiat
Online Publish Date:
[Included in The Bastiat Collection (2011), this article appeared in Economic Sophisms (1845).] The obstacle mistaken for the cause — scarcity mistaken for abundance — this is the same fallacy under another aspect; and it is well to study it in all its phases. Man is originally destitute of everything. Between this destitution and the