Tags » Frédéric Bastiat

The Broken Window Fallacy is at best trivial

In his essay, What is Seen and What is not Seen, Frédéric Bastiat wrote his famous parable, the Broken Window Fallacy (BWF). A boy breaks a shop keeper’s window and he is forced to replace it. 1,568 more words

Economics

Frederic Bastiat

” They would be the shepherds over us, their sheep. Certainly such an arrangement presupposes that they are naturally superior to the rest of us.

29 more words
Daily Quote

I Hate War

Another election has come and gone, and the Republicans are celebrating.

Yeah! They took over the Senate.

Whoo hoo! Promises were made on the campaign trail!

786 more words
Government

6 Things To Take From "The Law," By Frederic Bastiat

This is only a brief list. It cannot be stated too much that The Law is worth the read.

1. A definition of the law… 1,115 more words

My Articles

If "Fantasy Economics" Becomes a Thing, Which Economist Would Be My First Round Pick?

The quick answer: Frederic Bastiat!

“Never heard of him,” you say. “Who is he?”

That’s a great question. I’m thrilled that you asked.

The second quick answer: He was an… 450 more words

My Articles

Frederic Bastiat

” By virtue of exchange, one man’s prosperity is beneficial to all others.”

12 more words
Daily Quote