Frederic Bastiat
Frederic Bastiat
Claude-Frédéric Bastiatwas a French economist and author who was a prominent member of the French Liberal School. He developed the economic concept of opportunity cost, and introduced the Parable of the Broken Window. He was also a Freemason, and member of the French National Assembly...
NationalityFrench
ProfessionEconomist
Date of Birth30 June 1801
CountryFrance
responsibility law people
It is indeed a singular thing that people wish to pass laws to nullify the disagreeable consequences that the law of responsibility entails. Will they never realize that they do not eliminate these consequences but merely pass them along to other people? The result is one injustice the more and one moral the less.
responsibility government names
[Socialists claim] that we reject fraternity, solidarity, organization, and association; and they brand us with the name of individualists. We can assure them that what we repudiate is not natural organization, but forced organization. It is not free association, but the forms of association that they would impose upon us. It is not spontaneous fraternity, but legal fraternity. It is not providential solidarity, but artificial solidarity, which is only an unjust displacement of responsibility. Socialism . . . confounds Government and society.
responsibility organization unity
But we assure the socialists that we repudiate only forced organization, not natural organization. We repudiate the forms of association that are forced upon us, not free association. We repudiate forced fraternity, not true fraternity. We repudiate the artificial unity that does nothing more than deprive persons of individual responsibility. We do not repudiate the natural unity of mankind under Providence.
competition rich economics
They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers.
expenses tempting
It's always tempting to do good at someone else's expense
law differences giving
In an economy, an act, a habit, an institution, or a law, gives birth not only to an effect, but to a series of effects. Of these effects, the first only is immediate; it manifests itself simultaneously with its cause - it is seen. The others unfold in succession - they are not seen: ... Now this difference is enormous, for it is often true that when the immediate consequence is favorable, the ultimate consequences are fatal, and the converse.
names free-education numbers
Legal plunder can be committed in an infinite number of ways; hence, there are an infinite number of plans for organizing it: tariffs, protection, bonuses, subsidies, incentives, the progressive income tax, free education, the right to employment, the right to profit, the right to wages, the right to relief, the right to the tools of production, interest free credit, etc., etc. And it the aggregate of all these plans, in respect to what they have in common, legal plunder, that goes under the name of socialism.
law voting liberty
The law commit legal plunder by violating liberty and property.
jobs real home
The real cost of the State is the prosperity we do not see, the jobs that don’t exist, the technologies to which we do not have access, the businesses that do not come into existence, and the bright future that is stolen from us. The State has looted us just as surely as a robber who enters our home at night and steals all that we love.
sheep would-be shepherds
They would be the shepherds over us, their sheep. Certainly such an arrangement presupposes that they are naturally superior to the rest of us. And certainly we are fully justified in demanding from the legislators and organizers proof of this natural superiority.
ignorance men numbers
Society is composed of men, and every man is a FREE agent. Since man is free, he can choose; since he can choose, he can err; since he can err, he can suffer. I go further: He must err and he must suffer; for his starting point is ignorance, and in his ignorance he sees before him an infinite number of unknown roads, all of which save one lead to error.
believe hero heart
The impulses of my heart are the voice of Nature, which is never mistaken. The institutions that stand in my way are man-made and are only arbitrary conventions to which I have never given my consent. In trampling these institutions underfoot, I shall have the double pleasure of satisfying my inclinations and of believing myself a hero
liberty safe natural
Since the natural tendencies of mankind are so bad that it is not safe to allow them liberty, how comes it to pass that the tendencies of organizers are always good?