Frédéric Bastiat

Frédéric Bastiat

Summary

Portrait of Frédéric Bastiat Frédéric Bastiat Economic Sophisms

Do you resign the pen for the brush, to save your paying tribute to the shoeblack? Does the entire economy of society not rest upon the separation of employments, the division of labour—in a word, upon exchange? And what is exchange, but a calculation which we make with a view to discontinuing direct production in every case in which we find that possible, and in which indirect acquisition enables us to effect a saving in time and in effort?
It is not you, therefore, who are the men of practice, since you cannot point to a single human being who acts upon your principle.
Source: Gutenberg

Portrait of Frédéric Bastiat Frédéric Bastiat Economic Sophisms (1873)

How then can morality restrain acts of spoliation when public opinion places such acts in the rank of the most exalted virtue? What more powerful means of rendering a people moral than religion? And what religion more favourable to peace than Christianity? Yet what have we witnessed for eighteen hundred years? During all these ages we have seen men fight, not only in spite of their religion, but in name of religion itself.
Source: Wikisource

Portrait of Frédéric Bastiat Frédéric Bastiat Economic Sophisms

If a nation produces in one year, from its agriculture and commerce, a value of fifty millions, it has only to sell a quarter of it to the foreigner to be a quarter richer! Then if it sells the half, it will be one-half richer! And if it should sell the whole, to its last tuft of wool and its last grain of wheat, it would bring up its revenue to 100 millions. Singular way of getting rich, by producing infinite dearness by absolute scarcity!
Source: Gutenberg

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