Frederic Bastiat formulated

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Frederic Bastiat formulated the satirical petition of the candlemakers to shut out the sun as a critique of protectionist tariffs. This famous essay demonstrates the absurdity of protecting a domestic industry at the expense of consumers and other industries. It argues that if candlemakers were successful in petitioning to block out the sun, they would create artificial demand for their own products, but at the cost of preventing crops from growing and ultimately harming the economy as a whole.

Frederic Bastiat Formulated