Economist Quotes by Frederic Bastiat

1 Economist quote by Frederic Bastiat

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There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must…

Frederic Bastiat

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More by Frederic Bastiat

The politician attempts to remedy the evil by increasing the very thing that caused the evil in the first place: legal plunder.

Frederic Bastiat

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The law is the collective organization of the individual's right to lawful defense of his life, liberty and property. When it is used for…

Frederic Bastiat

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If every person has the right to defend - even by force - his person, his liberty, and his property, then it follows that a group of men have the right to organize and support a common force to protect these rights constantly. Thus, since an individual cannot lawfully use force against the person, liberty, or property of another individual,…

Frederic Bastiat

Sometimes the law defends plunder and participates in it. Sometimes the law places the whole apparatus of judges, police, prisons and gendarmes at the…

Frederic Bastiat

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Slavery, protection, and monopoly find defenders, not only in those who profit by them, but in those who suffer by them.

Frederic Bastiat

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Often the masses are plundered and do not know it.

Frederic Bastiat

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Here I encounter the most popular fallacy of our times. It is not considered sufficient that the law should guarantee to every citizen the free and inoffensive use of his faculties for physical, intellectual and moral self-improvement. Instead, it is demanded that the law should directly extend welfare, education, and morality throughout the nation. This is the seductive lure of…

Frederic Bastiat

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

Frederic Bastiat

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There is in all of a strong disposition to believe that anything lawful is also legitimate. This belief is so widespread that many persons…

Frederic Bastiat

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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…

Frederic Bastiat