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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. The essay was influenced by John Locke's Second Treatise on Government and in turn influenced Henry Hazlitt's Economics in One Lesson. [1]
Bastiat's most famous work is The Law, [11] originally published as a pamphlet in 1850. It defines a just system of laws and then demonstrates how such law facilitates a free society. In The Law, Bastiat wrote that everyone has a right to protect "his person, his liberty, and his property". The state should be only a "substitution of a common ...
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]
La Loi may refer to: . La Loi (newspaper), a daily newspaper published from Paris, France The Law (novel) (French: La Loi), a 1957 novel by Roger Vailland The Law (Bastiat book) (French: La Loi), an 1850 book by Frédéric Bastiat
Key thinkers include Frédéric Bastiat, Jean-Baptiste Say, Antoine Destutt de Tracy, Julien Freund, Pierre Manent and Gustave de Molinari. The school voraciously defended free trade and laissez-faire. They were primary opponents of interventionist and protectionist ideas. This made the French school a forerunner of the modern Austrian school.
President Donald Trump campaigned on the promise of tariffs. He followed through on that pledge within days of re-taking office, making many Americans concerned about their already-strained ...
The family of an American killed when a Malaysian Airlines plane was shot down over Ukraine in 2014 can sue Russia's largest bank for allegedly providing money transfers to a group blamed for ...
DJ Unk, the Atlanta MC known for his early 2000s hits including “Walk It Out” and “2 Step," died after suffering a cardiac arrest this week, according to his wife.
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