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Claude-Frédéric Bastiat (/ b ɑː s t i ˈ ɑː /; French: [klod fʁedeʁik bastja]; 30 June 1801 – 24 December 1850) was a French economist, writer and a prominent member of the French liberal school.
The Law (French: La Loi) is an 1850 book by Frédéric Bastiat.It was written at Mugron two years after the third French Revolution and a few months before his death of tuberculosis at age 49.
Gustave de Molinari (French: [də mɔlinari]; 3 March 1819 – 28 January 1912) was a Belgian political economist and French Liberal School theorist associated with French laissez-faire economists such as Frédéric Bastiat and Hippolyte Castille.
Harmonies of Political Economy is an 1850 book by the French classical liberal economist Frédéric Bastiat, in which the author applauds the power and ingenuity of the intricate social mechanism, "every atom of which ... is an animated thinking being, endued with marvelous energy, and with that principle of all morality, all dignity, all progress, the exclusive attribute of man - LIBERTY."
Bastiat is not addressing production – he is addressing the stock of wealth. In other words, Bastiat does not merely look at the immediate but at the longer effects of breaking the window. Bastiat takes into account the consequences of breaking the window for society as a whole, rather than for just one group. [3] [4]
Frédéric Bastiat (1801–1850): French classical liberal theorist, political economist and author of The Law. Adin Ballou (1803–1890): American Christian anarchist. [2] William Lloyd Garrison (1805–1879): American abolitionist, libertarian and journalist, who influenced Frederick Douglass, ex-slave and anti-slavery crusader. [2]
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It is based on Frédéric Bastiat's essay Ce qu'on voit et ce qu'on ne voit pas (English: "What is Seen and What is Not Seen"). [ 1 ] The "One Lesson" is stated in Part One of the book: "The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of ...