The Adventures of Jonathan Gullible - Bastiat Institute
The Adventures of Jonathan Gullible - Bastiat Institute
The Adventures of Jonathan Gullible - Bastiat Institute
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26 Chapter 5 • Candles and Coats<br />
What generates war<br />
is the economic<br />
philosophy <strong>of</strong><br />
nationalism;<br />
embargos, trade and<br />
foreign exchange<br />
controls, monetary<br />
devaluation, etc. <strong>The</strong><br />
philosophy <strong>of</strong><br />
protectionism is a<br />
philosophy <strong>of</strong> war.<br />
Ludwig von Mises<br />
“This rival is the sun! Please pass a law<br />
requiring the covering <strong>of</strong> all windows, skylights,<br />
holes and cracks. Domestic manufacturers will<br />
be stimulated. Agriculture will thrive on the<br />
need for tallow. Whale oil demand will improve<br />
shipping and thus defence. Jobs will be created<br />
and everyone will benefi t. We have always<br />
served our country well and gratitude demands<br />
that we be protected.” Frederic <strong>Bastiat</strong>, 1846.<br />
In Sophisms, Chapter 10, <strong>Bastiat</strong> writes:<br />
“Once upon a time there were, no matter<br />
where, two cities, Stulta and Puera.” See:<br />
http://ww.econlib.org.<br />
He goes on to tell the tale <strong>of</strong> the two cities<br />
building a highway between them, at great<br />
expense. <strong>The</strong>n employing salaried “Obstructers”,<br />
at great expense, whose function was to set<br />
up obstacles, at great expense, to “prevent the<br />
fl ooding” <strong>of</strong> trade.<br />
References<br />
In July 2001 <strong>The</strong> International Society for<br />
Individual Liberty – http://www.isil.com –<br />
celebrated the centenary <strong>of</strong> the birth <strong>of</strong> Frederic<br />
<strong>Bastiat</strong> – the French economist, statesman, and<br />
author. Notable is his little (75 pages) thoughtprovoking<br />
book <strong>The</strong> Law.<br />
<strong>The</strong> Incredible Bread Machine by R.W. Grant<br />
discusses the history and power <strong>of</strong> politics. <strong>The</strong><br />
Fair Trade, by James Bovard.<br />
To see a 12-year old girl’s opinions on imports/<br />
export see: http://www.<strong>Jonathan</strong><strong>Gullible</strong>.com/<br />
FreeMarketSuger.