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Source link: http://archive.mises.org/11002/the-candlemakers-petition/

The Candlemakers’ Petition

November 9, 2009 by

You are on the right road. You reject abstract theories, and have little consideration for cheapness and plenty. Your chief care is the interest of the producer. FULL ARTICLE by Frederic Bastiat

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{ 5 comments }

T. Ralph Kays November 9, 2009 at 12:17 pm

Another beauty by Bastiat! My favorite line in this article is “to reject wealth itself under pretense of encouraging the means of acquiring it”, what a powerful statement.

Thomas Talionis November 9, 2009 at 1:05 pm

I’m sure there were people who would’ve petitioned to ban the light bulb because it put all those candle makers out of business.

And they call themselves Progressive.

Gerry Flaychy November 11, 2009 at 8:24 pm

Asking to replace the already existing light of the sun by the light of other producers of light, is equivalent to asking to broke already existing windows to replace them by the windows of other producers of windows: two versions of the same basic story.

In both cases, if the petition is agreed, consumers are the losers !

T. Ralph Kays November 12, 2009 at 1:02 am

Gerry

Woohoo, you just keep getting better and better, by the way , where do you get whatever it is you are smoking?

Gerry Flaychy November 19, 2009 at 4:23 pm

One of the things that this story says, is that if we have to chose between two producers of the same good, one onerous and one gratuitous or partly gratuitous, the only criterion should be the best interest of the consumers, not the importance for the country of one of the producers, or the importance of one producer over the other.

The chief care must not be the interest of neither one of the producers, but the interest of the consumers.

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