Cartoon: Keynesian Economics

Famous Economist: Frederic Bastiat

"And now I would appeal with confidence to men of all schools, who prefer truth, justice, and the public good to their own systems. Economists! Like you, I am the advocate of LIBERTY; and if I succeed in shaking some of these premises which sadden your generous hearts, perhaps you will see in this an additional incentive to love and to serve our sacred cause."
– Frédéric Bastiat, "To the Youth of France," Economic Harmonies

A new article about Bastiat.

Who was Bastiat?

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