Tags » Frédéric Bastiat

This just in: people still respond to incentives

It appears that the bonanza that the federal government expected from raising taxes on tobacco in 2009 never materialized:

A 2009 law that raised federal taxes…

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Quote of the Day: Frederic Bastiat

Because he was one perceptive Frenchman…

The law has been perverted by the influence of two entirely different causes: stupid greed and false philanthropy.

– Frederic Bastiat


“If the natural tendencies of mankind are so bad that it is not safe to permit people to be free, how is it that the tendencies of these organizers are always good?

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Government As God

Quote of the Day: Bastiat, Again

The law perverted! The law — and, in its wake, all the collective forces of the nation — the law, I say, not only diverted from its proper direction, but made to pursue one entirely contrary!

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Quote of the Day: Frederic Bastiat

I believe that my theory is correct; for whatever be the question upon which I am arguing, whether it be religious, philosophical, political, or economical; whether it affects well-being, morality, equality, right, justice, progress, responsibility, property, labor, exchange, capital, wages, taxes, population, credit, or Government; at whatever point of the scientific horizon I start from, I invariably come to the same thing—the solution of the social problem is in liberty.

― Frédéric Bastiat


Disproving Keynesian economics once and for all

I don’t allow comments on this blog mainly because I am not up to policing what other people say. But I read them and this today, from Rob, was stunning. 586 more words

Economic Theory And Policy