[Third (People's) Edition]

Essays on Political Economy.

By the late M. Frederic Bastiat,

Member of The Institute of France.

New York:
G. P. Putnams & Sons,
Fourth Avenue, and Twenty-Third Street.
1874.

London:
Printed for Provost and Co.,
Henrietta Street, W. C.

Contents.

Capital and Interest.

My object in this treatise is to examine into the real nature of the Interest of Capital, for the purpose of proving that it is lawful, and explaining why it should be perpetual. This may appear singular, and yet, I confess, I am more afraid of being too plain than too obscure. I am afraid I may weary the reader by a series of mere truisms. But it is no easy matter to avoid this danger, when the facts with which we have to deal are known to every one by personal, familiar, and daily experience.