A Quote by Frederic Bastiat

By virtue of exchange, one man's prosperity is beneficial to all others. — © Frederic Bastiat
By virtue of exchange, one man's prosperity is beneficial to all others.
Constructive trade, the two-way exchange of goods and services, is the most efficient and logical way for each nation . . . to build a stable prosperity, a prosperity based not on aid, but on mutually beneficial economic contacts.
A man that hath no virtue in himself, ever envieth virtue in others. For men's minds, will either feed upon their own good, or upon others' evil; and who wanteth the one, will prey upon the other; and whoso is out of hope, to attain to another's virtue, will seek to come at even hand, by depressing another's fortune.
For in prosperity a man is often puffed up with pride, whereas tribulations chasten and humble him through suffering and sorrow. In the midst of prosperity the mind is elated, and in prosperity a man forgets himself; in hardship he is forced to reflect on himself, even though he be unwilling. In prosperity a man often destroys the good he has done; amidst difficulties he often repairs what he long since did in the way of wickedness.
What is called virtue in the common sense of the word has nothing to do with this or that man's prosperity, or even happiness.
Economics has revealed a great truth about the natural law of human interaction: that not only is production essential to man's prosperity and survival, but so also is exchange.
The virtue of prosperity is temperance; the virtue of adversity is fortitude.
In order to improve the condition of mankind all men must be given the certainty of security through the exchange of safeguards, the assurance of prosperity through an exchange of resources, the reality of freedom through the free movement of information, persons and ideas.
Men have been taught that it is a virtue to agree with others. But the creator is the man who disagrees. Men have been taught that it is a virtue to swim with the current. But the creator is the man who goes against the current. Men have been taught that it is a virtue to stand together. But the creator is the man who stands alone.
When man invented the bicycle he reached the peak of his attainments. Here was a machine of precision and balance for the convenience of man. And (unlike subsequent inventions for man's convenience) the more he used it, the fitter his body became. Here, for once, was a product of man's brain that was entirely beneficial to those who used it, and of no harm or irritation to others. Progress should have stopped when man invented the bicycle.
Real prosperity comes from everybody in the country working together in a growth mode. Real prosperity comes as a result of people's own initiative and efforts and so forth. Prosperity, if it comes from the government, is not prosperity. It's an existence or a subsistence or whatever, but it isn't prosperity.
If prosperity is regarded as the reward of virtue it will be regarded as the symptom of virtue.
I fear this is not the right exchange to attain virtue, to exchange pleasures for pleasures, pains for pains and fears for fears, the greater for the less like coins, but that the only valid currency for which all these things should be exchanged is wisdom.
We'll be getting new health insurance and we'll presumably do it through my job with the Senate, and so we'll be on the federal exchange with millions of others on the federal exchange.
By Allah, whenever I endure any adversity I gain four blessings of Allah in exchange. The first of them is, when the adversity is not caused by my sin (virtue is earned). The second, when the adversity is not greater than my sin (virtue is earned). The third, when I am not deprived of contentment (virtue is earned). And the fourth, I hope for virtues thereby.
If virtue promises happiness, prosperity and peace, then progress in virtue is progress in each of these for to whatever point the perfection of anything brings us, progress is always an approach toward it.
Modern man has transformed himself into a commodity; he experiences his life energy as an investment with which he should make the highest profit, considering his position and the situation on the personality market. He is alienated from himself, from his fellow men and from nature. His main aim is profitable exchange of his skills, knowledge, and of himself, his "personality package" with others who are equally intent on a fair and profitable exchange. Life has no goal except the one to move, no principle except the one of fair exchange, no satisfaction except the one to consume.p97.
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