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50 of 81 results found for - "Frederic Bastiat"  
[Quote No.45054] Need Area: Mind > Learn
"Experience teaches effectually, but brutally." - Frederic Bastiat
19th century French economist
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[Quote No.45053] Need Area: Mind > Persist
"[Persistence, as in delaying gratification, is a common part of all significant success:] The bad economist [politician, bureaucrat, businessperson, parent, friend] pursues a small present good [instant gratification], which will be followed by a great evil to come [often unseen or unappreciated at that instant], while the true economist [politician, bureaucrat, businessperson, parent, friend] pursues a great good to come, at the risk of a small present evil [delayed gratification]." - Frederic Bastiat
19th century French economist
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[Quote No.43762] Need Area: Body > Exercise
"[Self-Defence and Martial Arts:] Each of us has a natural right, from God, to defend his person, his liberty, and his property." - Frederic Bastiat
French statesman and lawyer
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[Quote No.13236] Need Area: Money > Tax
"But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime." - Frederic Bastiat
in 'The Law'
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[Quote No.32703] Need Area: Money > Tax
"Everyone wants to live at the expense of the State [through subsidies, welfare, etc]. They forget that the State lives at the expense of everyone. [Therefore the more people live at the expense of the state, the more they actually live at the expense of everyone else through the higher taxation others must pay. Therefore recipients of government help rather than thanking the government should thank other taxpayers and try as quickly as possible to become independent and therefore no longer a burden that others must carry.]" - Frederic Bastiat
(1801 - 1850), French economist, legislator, and writer who championed private property, free markets, and limited government.
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[Quote No.34583] Need Area: Money > Tax
"The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else [by demanding politicians tax others and support them]." - Frederic Bastiat
'Selected Essays on Political Economy'
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[Quote No.35417] Need Area: Money > Tax
"Sometimes the law defends plunder and participates in it. Thus the beneficiaries are spared the shame and danger that their acts would otherwise involve... But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them and gives it to the other persons to whom it doesn't belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. Then abolish that law without delay ... No legal plunder; this is the principle of justice, peace, order, stability, harmony and logic." - Frederic Bastiat

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[Quote No.35758] Need Area: Money > Tax
"When plunder becomes a way of life for a group of men [and women] living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it." - Frederic Bastiat
Famous French lawyer
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[Quote No.41163] Need Area: Money > Tax
"[Big, paternal, interventionist] Government is the great fiction, through which everybody endeavors [by claiming to the government a special need and therefore] to live [better with government support] at the expense of everybody else [through their taxes]. " - Frederic Bastiat
French lawyer, politician and statesman.
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[Quote No.41175] Need Area: Money > Tax
"It is impossible to introduce into society a greater change and a greater evil than this: the conversion of the law into an instrument of plunder." - Frederic Bastiat
(1801-1850) French economist, statesman, and author. He did most of his writing during the years just before - and immediately following - the French Revolution of February 1848. He made this quote in his book, 'The Law', published 1848.
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[Quote No.42022] Need Area: Money > Tax
"But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them and gives it to the other persons to whom it doesn't belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. Then abolish that law without delay ... No legal plunder; this is the principle of justice, peace, order, stability, harmony and logic." - Frederic Bastiat

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[Quote No.42580] Need Area: Money > Tax
"Now, legal plunder can be committed in an infinite number of ways. Thus we have an infinite number of plans for organizing it: tariffs, protection, benefits, subsidies, encouragements, progressive taxation, public schools, guaranteed jobs, guaranteed profits, minimum wages, a right to relief, a right to the tools of labor, free credit, and so on, and so on." - Frédéric Bastiat
Quote from his book, 'The Law'.
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[Quote No.44254] Need Area: Money > Tax
"Sometimes the law defends plunder and participates in it. Sometimes the law places the whole apparatus of judges, police, prisons and gendarmes at the service of the plunderers, and treats the victim - when he defends himself - as a criminal." - Frederic Bastiat
(1801-1850), Claude Frederic Bastiat, French economist, statesman, and author. He did most of his writing during the years just before - and immediately following - the French Revolution of February 1848. Quote from his book, 'The Law'.
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[Quote No.45452] Need Area: Money > Tax
"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it." - Frederic Bastiat

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[Quote No.46381] Need Area: Money > Tax
"The war against illegal plunder has been fought since the beginning of the world. But how is... legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong [for example as in many taxes]. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. Then abolish this law without delay ... If such a law is not abolished immediately it will spread, multiply and develop into a system." - Frederic Bastiat
(1801-1850) French economist, statesman, and author. He did most of his writing during the years just before -- and immediately following -- the French Revolution of February 1848. Source: 'The Law' by Frederic Bastiat (1848)
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[Quote No.48746] Need Area: Money > Tax
"Sometimes the law defends plunder and participates in it. Thus the beneficiaries are spared the shame and danger that their acts would otherwise involve... But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them and gives it to the other persons to whom it doesn't belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. Then abolish that law without delay ... No legal plunder; this is the principle of justice, peace, order, stability, harmony and logic." - Frederic Bastiat
(1801-1850) French economist, statesman, and author. He did most of his writing during the years just before -- and immediately following -- the French Revolution of February 1848. Source: 'The Law' by Frederic Bastiat, 1850.
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[Quote No.54666] Need Area: Money > Tax
"Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone." - Frederic Bastiat

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[Quote No.30621] Need Area: Money > Invest
"In economics there is what you see and then there is what you don't see. [The more important of the two items is what you don't see.] " - Frederic Bastiat

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[Quote No.43834] Need Area: Money > Invest
"In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge only subsequently; they are not seen; we are fortunate if we foresee them. 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 be foreseen. Yet this difference is tremendous; for it almost always happens that when the immediate consequence is favorable, the later consequences are disastrous, and vice versa. Whence it follows that the bad economist [and the politician that follows his or her advice] pursues a small present good that will be followed by a great evil to come, while the good economist [and the politician that follows his or her advice] pursues a great good to come, at the risk of a small present evil." - Frédéric Bastiat
From his essay in 1850, 'That Which Is Seen and That Which Is Unseen'.
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[Quote No.44236] Need Area: Money > Invest
"[The Law of Unintended Consequences or 'That Which Is Seen and That Which Is Unseen':] In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge only subsequently; they are not seen; we are fortunate if we foresee them. 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 be foreseen. Yet this difference is tremendous; for it almost always happens that when the immediate consequence is favorable, the later consequences are disastrous, and vice versa. Whence it follows that the bad economist pursues a small present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the risk of a small present evil." - Frédéric Bastiat
From his essay in 1850, 'That Which Is Seen and That Which Is Unseen'.
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[Quote No.46238] Need Area: Money > Invest
"In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge only subsequently; they are not seen; we are fortunate if we foresee them. 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 be foreseen." - Frederic Bastiat
1848
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[Quote No.48133] Need Area: Money > Invest
"When misguided public opinion honors what is despicable [obfuscating excuses] and despises what is honourable [responsibility and accountability], punishes virtue [i.e. saving] and rewards vice [i.e. speculation], encourages what is harmful [i.e. inflation through 'money printing' or its equivalent 'quantitative easing'] and discourages what is useful [i.e. deflation through productivity], applauds falsehood and smothers truth under indifference or insult [or censorship and propaganda], a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe [socially, morally or economically, including stock market and real estate bubbles and then crashes]." - Frederic Bastiat
French statesman and economist
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[Quote No.49370] Need Area: Money > Invest
"In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge only subsequently; they are not seen; we are fortunate if we foresee them. 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 be foreseen. Yet this difference is tremendous; for it almost always happens that when the immediate consequence is favorable, the later consequences are disastrous, and vice versa. Whence it follows that the bad economist pursues a small present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the risk of a small present evil." - Frederic Bastiat
From his 1850 essay, 'That Which Is Seen and That Which Is Unseen'.
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[Quote No.32289] Need Area: Money > General
"Between a good and a bad economist this constitutes the whole difference - the [bad] one takes account of the visible effect; the [good] other takes account both of the effects which are seen, and also of those which it is necessary to foresee. Now this difference is enormous, for it almost always happens that when the immediate consequence is favorable, the ultimate consequences are fatal, and the converse. [This should always be considered - especially when politicians roll out economists in favour of their economic policies. Why? Because these policies are so often aimed at short-term fixes without considering the unexpected or caring about long-term consequences. Therefore things are often made worse in the long run than the problem the politician was trying to be seen to fix.]" - Frederic Bastiat

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[Quote No.34199] Need Area: Money > General
"[Free trade is vital because...] If goods do not cross borders, armies will." - Frederic Bastiat
Economist in the early 1800s
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[Quote No.34865] Need Area: Money > General
"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 be foreseen. ... the bad economist pursues a small present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the risk of a small present evil." - Frederic Bastiat
1801 - 1850
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[Quote No.35271] Need Area: Money > General
"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 be foreseen... the bad economist pursues a small present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the risk of a small present evil. [Therefore it is always important to judge success over the right time frame, one long enough to encompass not just its stimulative benefits but also its consequences. For example steroids. While they do help an athlete’s performance during a race, months and years later they cause strokes and other serious health problems, which are to most rational athletes much worse than the short-term benefits of winning a race.]" - Frederic Bastiat
(1801-1850)
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[Quote No.36281] Need Area: Money > General
"[Free market capitalism where self-interest and competition are promoted and supported brings about fast and broad progress.] Self-interest is that indomitable individualistic force within us that urges us on to progress and discovery, but at the same time disposes us to monopolize our discoveries. Competition is that no less indomitable humanitarian force that wrests progress, as fast as it is made, from the hands of the individual and places it at the disposal of all mankind." - Frederic Bastiat
Economic Harmonies [1850]
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[Quote No.37593] Need Area: Money > General
"In the department of economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects. Of these effects, the first only is immediate; it manifests itself simultaneously with its cause - it is seen. The others unfold in succession - they are not seen [often called 'unexpected consequences']: it is well for us, if they are foreseen. Between a good and a bad economist this constitutes the whole difference: the one takes account only of the visible effect; the other takes account of both the effects which are seen and those which it is necessary to foresee. Now this difference is enormous, for it almost always happens that when the immediate consequence is favourable, the ultimate consequences are fatal, and the converse. Hence it follows that the bad economist pursues a small present good, which will be followed by a great evil to come, while the true economist pursues a great good to come, at the risk of a small present evil." - Frederic Bastiat
(1801 – 1850) was an early free-market economist and classical liberal French author, as well as being a lawyer and politician.
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[Quote No.43936] Need Area: Money > General
"People believe that, when we demand free trade, we are motivated exclusively by the desire to allow labor and capital to take the direction most advantageous to them. Public opinion is mistaken on this point; this is merely a secondary consideration with us. What grieves us, afflicts us, horrifies us in the protectionist system is that it is the negation of law, justice, and property rights; that it turns the law, which should guarantee justice and the right to property, against them; that it both subverts and perverts the [equal and voluntary] conditions under which society exists." - Frédéric Bastiat
French lawyer and statesman. Quote from his 'Plunder and Law', 1850.
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[Quote No.45052] Need Area: Money > General
"The bad economist [politician, bureaucrat, businessperson, parent, friend] pursues a small present good [instant gratification], which will be followed by a great evil to come [often unseen or unappreciated at that instant], while the true economist [politician, bureaucrat, businessperson, parent, friend] pursues a great good to come, at the risk of a small present evil [delayed gratification]." - Frederic Bastiat
19th century French economist
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[Quote No.35954] Need Area: Property > General
"All the measures of the law should protect property [which includes a person's physical body] and punish plunder." - Frederic Bastiat
Famous French lawyer and legal theorist.
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[Quote No.37255] Need Area: Property > General
"Property does not exist because there are laws, but laws exist because there is property." - Frederic Bastiat
French lawyer and politician
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[Quote No.41247] Need Area: Property > General
"Like you, I consider the right to property to consist in the freedom to dispose first on one’s person, then of one’s labor, and finally, of the products of one’s labor — which proves, incidentally, that, from a certain point of view, freedom and the right to property are indistinguishable from each other." - Frederic Bastiat
'Protectionism and Communism',1849.
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[Quote No.42024] Need Area: Property > General
"Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place!" - Frederic Bastiat

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[Quote No.42592] Need Area: Property > General
"The war against illegal plunder [of private and public property by theft, swindling, etc] has been fought since the beginning of the world. Long before the Revolution of February 1848 — long before the appearance even of socialism itself — France had provided police, judges, gendarmes, prisons, dungeons, and scaffolds for the purpose of fighting illegal plunder. The law itself conducts this war, and it is my wish and opinion that the law should always maintain this attitude toward plunder." - Frédéric Bastiat
Quoye from his book, 'The Law'.
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[Quote No.47682] Need Area: Property > General
"Like you, I consider the right property to consist in the freedom to dispose first on one's person, then of one's labor, and finally, of the products of one's labor — which proves, incidentally, that, from a certain point of view, freedom and the right to property are indistinguishable from each other." - Frederic Bastiat
'Protectionism and Communism', 1849.
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[Quote No.50665] Need Area: Property > General
"When a portion of wealth is transferred from the person who owns it - without his consent and without compensation, and whether by force or by fraud - to anyone who does not own it, then I say that property is violated; that an act of plunder [theft] is committed." - Frederic Bastiat

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[Quote No.59581] Need Area: Property > General
"Life, liberty, and [private] property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and [private] property existed beforehand that caused men to make laws in the first place." - Frederic Bastiat
(1801-1850), Claude Frederic Bastiat, was a French economist, statesman, and author. He did most of his writing during the years just before - and immediately following - the French Revolution of February 1848. Source: 'The Law' by Frederic Bastiat (1848).
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[Quote No.8982] Need Area: Friends > General
"Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place. [They are unalienable rights rather than inalienable rights.]" - Frederic Bastiat
French lawyer, politician, statesman and philosopher.
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[Quote No.13308] Need Area: Friends > General
"Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place." - Frederic Bastiat

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[Quote No.24230] Need Area: Friends > General
"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." - Frederic Bastiat

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[Quote No.30864] Need Area: Friends > General
"...every time we [anti-statists, including for example, libertarians] object to a thing being done by government, the socialists [statists] conclude that we object to its being done at all. We disapprove of state education. Then the socialists say that we are opposed to any education. We object to a state religion. Then the socialists say that we want no religion at all. We object to a state-enforced equality. Then they say that we are against equality. And so on, and so on. It is as if the socialists were to accuse us of not wanting persons to eat because we do not want the state to raise grain." - Frederic Bastiat
From his book, 'The Law', 1850, from the section titled 'A Confusion of Terms'
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[Quote No.30867] Need Area: Friends > General
"What is law? What ought it to be? What is its scope; its limits? Logically, at what point do the just powers of the legislator stop? I do not hesitate to answer: Law is the common force organized to act as an obstacle to injustice. In short, law is justice." - Frederic Bastiat

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[Quote No.31796] Need Area: Friends > General
"It is not true that the legislator [politician] has an absolute power over our persons and our property since they pre-exist him, and his task is to surround them with guarantees. It is not true that the function of the law is to regulate our consciences, our ideas, our wills, our education, our opinions, our work, our trade, our talents, our recreation. Its function is to prevent the rights of one person from interfering with rights of another in any of these matters." - Frederic Bastiat
From his book, 'The Law', published 1850.
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[Quote No.34200] Need Area: Friends > General
"When plunder becomes a way of life for a group of men [and women] in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it. [i.e. socialism, communism, fascism and statism]" - Frederic Bastiat
French economist in the 1800s.
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[Quote No.34201] Need Area: Friends > General
"There is only one difference between a bad economist [or politician] and a good one: the bad economist [or politician] confines himself to the visible effect [and not the unforeseen incentives and consequences]; the good economist [or politician] takes into account both the effect that can be seen and those effects that must be foreseen." - Frederic Bastiat
French economist in the 1800s.
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[Quote No.34202] Need Area: Friends > General
"[No individual or group should believe and request the omniscient help of government. There are limitations to government power both natural and legal. Governments that try to overstep these bounds eventually suffer horribly along with their citizens for their hubris. The sort of unreasonable requests were parodied by the French economist, Frederic Bastiat during the 1800s, such as the following example.] We (French candlemakers) are suffering from the ruinous competition of a foreign rival who apparently works under conditions so far superior to our own for the production of light that he is flooding the domestic market with it at an incredibly low price; for the moment he appears, our sales cease, all the consumers turn to him, and a branch of French industry whose ramifications are innumerable is all at once reduced to complete stagnation. This rival, which is none other than the sun. We ask you to be so good as to pass a law requiring the closing of all windows, dormers, skylights, inside and outside shutters, curtains, casements, bull's-eyes, deadlights, and blinds — in short, all openings, holes, chinks, and fissures through which the light of the sun is wont to enter houses, to the detriment of the fair industries with which, we are proud to say, we have endowed the country, a country that cannot, without betraying ingratitude, abandon us today to so unequal a combat." - Frederic Bastiat
French economist in the 1800s.
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[Quote No.34212] Need Area: Friends > General
"I find it hard to understand why those who demand Unitary Education by the State do not also demand a Unitary Press by the State... Either the State is infallible, in which case we could not do better than to submit to it the entire domain of intelligent thought, or it is not, in which case it is no more rational to hand over education to it than the press." - Frederic Bastiat
French economist
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[Quote No.34263] Need Area: Friends > General
"Bastiat's Moral Law for politicians and citizens: See if the law takes from some persons what belongs to them; and gives it to persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen cannot do without committing a crime. Then abolish this law without delay, for it is not only an evil in itself, but also is a fertile source for further evils, for it invites reprisals. If such a law is not abolished immediately, it will spread, multiply and develop into a system [which will eventually erupt]." - Frederic Bastiat
French economist and social theorist.
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