Friday, June 29, 2007

Famous Economist: Frédéric Bastiat (1801-50)

Political economists are in general quite suspicious of governmental intervention. They see in it inconveniences of all kinds—a diminution of individual liberty, energy, prudence, and experience, which constitute the most precious resources of any society. Hence, it often happens that they oppose this intervention.
Frédéric Bastiat

A Short Biography

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