Quotes and anectdotes from the wise to the foolish, and the courageous to the drunk

Frederic Bastiat Economist

  • Gender: Male
  • Citizenship: France
  • Born: Jun 30, 1801
  • Died: Dec 24, 1850

Claude Frédéric Bastiat was a French classical liberal theorist, political economist, and member of the French assembly. He was notable for developing the important economic concept of opportunity cost, and for penning the influential Parable of the Broken Window. His ideas have gone on to provide a foundational basis for libertarian and the Austrian schools of thought.

The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else. great

Government is the great fiction, through which everybody endeavors to live at the expense of everybody else. government

Is not liberty the destruction of all despotism - including, of course, legal despotism? legal