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Claude-Frédéric Bastiat ( / bɑːstiˈɑː /; French: [klod fʁedeʁik bastja]; 30 June 1801 – 24 December 1850) was a French economist, writer and a prominent member of the French Liberal School. [1] A member of the French National Assembly, Bastiat developed the economic concept of opportunity cost and introduced the parable of the broken ...
Frédéric Bastiat (born June 30, 1801, Mugron, near Bayonne, France—died December 24, 1850, Rome, Papal States [Italy]) was a French economist, best known for his journalistic writing in favour of free trade and the economics of Adam Smith. In 1846 he founded the Associations for Free Trade and used its journal, Le Libre-Échange (“Free ...
Frédéric Bastiat. 1801-1850. Joseph Schumpeter described Bastiat nearly a century after his death as “the most brilliant economic journalist who ever lived.”. Orphaned at the age of nine, Bastiat tried his hand at commerce, farming, and insurance sales. In 1825, after he inherited his grandfather’s estate, he quit working, established a ...
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The same socialist-communist ideas and plans that were then adopted in France are now sweeping America. The explanations and arguments then advanced against socialism by Mr. Bastiat are — word for word — equally valid today. His ideas deserve a serious hearing. Frédéric Bastiat. The Law. The Foundation for Economic Education, Inc.
Mar 11, 2024 · Frederic Bastiat: A 19th-century philosopher and economist famous for his ideas about the role of the state in economic development. Frederic Bastiat was known for pointing out flaws in ...
1801 – 1850. Frédéric Bastiat (1801-1850) was one of the leading advocates of free markets and free trade in the mid-19th century. He was inspired by the activities of Richard Cobden and the organization of the Anti-Corn Law League in Britain in the 1840s and tried to mimic their success in France. Show more. Armonias Economicas (author)
His Life. Frédéric Bastiat (1801-1850) is a French economist and politician, wrongfully ignored in France, though recognized as being an author of foremost importance in many other countries (in the United States in particular). To know some more about him, I invite you to read his works, some of which is available online (see below).
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