Frederic Bastiat Quotes About Economy

Quotes about: Economy

• 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

  Men, Law, Liberty

  Frederic Bastiat (2006). “The Law”, p.6, Cosimo, Inc.

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

  Frederic Bastiat

  Government, Political, Democracy

  "The Libertarian Reader: Classic and Contemporary Writings from Lao Tzu to". Book by David Boaz, 1997.

• Each of us has a natural right, from God, to defend his person, his liberty, and his property.

  Frederic Bastiat

  Liberty, Economic, Economy

  Frederic Bastiat (2006). “The Law”, p.6, Cosimo, Inc.

• Life, faculties, production-in other words, individuality, liberty, property-this is man. And in spite of the cunning of artful political leaders, these three gifts from God precede all human legislation, and are superior to it.

  Frederic Bastiat

  Men, Leader, Political

  Frederic Bastiat (2006). “The Law”, p.3, Filiquarian Publishing, LLC.

• We hold from God the gift which includes all others. This gift is life - physical, intellectual, and moral life.

  Frederic Bastiat

  Wisdom, Intellectual, Politics

  Frederic Bastiat (2006). “The Law”, p.3, Filiquarian Publishing, LLC.

• But life cannot maintain itself alone. The Creator of life has entrusted us with the responsibility of preserving, developing, and perfecting it. In order that we may accomplish this, He has provided us with a collection of marvelous faculties. And He has put us in the midst of a variety of natural resources. By the application of our faculties to these natural resources we convert them into products, and use them. The process is necessary in order that life may run its appointed course.

  Frederic Bastiat

  Running, Responsibility, Order

  Frederic Bastiat (2006). “The Law”, p.3, Filiquarian Publishing, LLC.

• In an economy, an act, a habit, an institution, or 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. Now this difference is enormous, for it is often true that when the immediate consequence is favorable, the ultimate consequences are fatal, and the converse.

  Frederic Bastiat

  Law, Differences, Giving

  "That Which Is Seen and That Which Is Not Seen". Book by Frédéric Bastiat, 1850.

• They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers.

  Frederic Bastiat

  Competition, Rich, Economics

• Thus, if there exists a law which sanctions slavery or monopoly, oppression or robbery, in any form whatever, it must not even be mentioned. For how can it be mentioned without damaging the respect which it inspires? Still further, morality and political economy must be taught from the point of view of this law; from the supposition that it must be a just law merely because it is a law. Another effect of this tragic perversion of the law is that it gives an exaggerated importance to political passions and conflicts, and to politics in general.

  Frederic Bastiat

  Passion, Views, Law

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