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"Were I a flower vendor," said Vaura, "I should be a follower of Bastiat, and gather my roses while I may, by selling cheap as I could and buying cheap." "Are you feeling better, Lady Alice, though to my eyes you are looking much as when last I saw you; Haughton tells me you are going to Italy for change," he said kindly.
Down to this time I had been a disciple of Adam Smith and Bastiat; but now appeared the published lectures of Roscher of Leipsic, upon what he called ``The Historical System'' of political economy.
But their masters, becoming richer and richer, were very well satisfied, and Bastiat proved convincingly that Nature had arranged Economic Harmonies which would settle social questions far better than theocracies or aristocracies or mobocracies, the real deus ex machina being unrestrained plutocracy. Thus the stars in their courses fought for Darwin.
Now, the only reason can be and George's own criticism implies this that in order to produce the machine-capital borrowed certain faculties are needed which are not possessed by the borrowers; and though this may not be true of a simple hand-plane itself, it is emphatically true of the elaborate modern machinery of which Bastiat merely uses his hand-plane as a symbol.
Just as some horses are handicapped, so customs duties must be levied on the productions of certain countries to give the others a fair chance! The comparison would be relevant if the object of a handicap were that the best horse should win, but the race itself is the object. Bastiat has reduced this view of commerce to an absurdity in his famous petition.
Versigny was a young man of thirty-two, soft-featured and fair-complexioned, of a courageous spirit, and a mind tending towards social and economical studies. He had passed the first hours of the night in the perusal of a book by Bastiat, in which he was making marginal notes, and, leaving the book open on the table, he had fallen asleep.
His attempt to distinguish between the two takes the form of a criticism of Bastiat, according to whom the typical source of interest is the added productivity which a given amount of human effort acquires by the use of certain lendable implements. As a type of such implements or machines, Bastiat takes a plane.
In three years every Frenchman can know how to read. Do you think that we shall be the better off? Imagine on the other hand that in each commune, there was ONE bourgeois, only one, who had read Bastiat, and that this bourgeois was respected, things would change. However I am not discouraged as you are, and the present government pleases me, because it has no principle, no metaphysics, no humbug.
In it were published his discussions with Pierre Leroux and Bastiat. The political articles which he sent to "La Voix du Peuple" so displeased the government finally, that it transferred him to Doullens, where he was secretly confined for some time.
If he does not, you must say to yourself at the start that this man is either trying to deceive you, or has the most pitiable ignorance in the science of political economy; for, as I said, there is not a single economist of the Liberal school worthy of mention who denies it Adam Smith as well as Say, Ricardo as well as Malthus, Bastiat as well as John Stuart Mill, are unanimous in recognizing it.
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