Background
Bastiat was born in Bayonne, Aquitaine, a port town in the south of France on the Bay of Biscay, on 29 June 1801. His father, Pierre Bastiat, was a prominent merchant in the town.
(Essays on Political Economy is a classic collection of po...)
Essays on Political Economy is a classic collection of political science essays by Frederic Bastiat. My object in this treatise is to examine into the real nature of the Interest of Capital, for the purpose of proving that it is lawful, and explaining why it should be perpetual. This may appear singular, and yet, I confess, I am more afraid of being too plain than too obscure. I am afraid I may weary the reader by a series of mere truisms.
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(The Law was originally published in French in 1850 by Fre...)
The Law was originally published in French in 1850 by Frederic Bastiat. It was written two years after the third French Revolution of 1848 and a few months before his death of tuberculosis at age 49. It is the work for which Bastiat is most famous. This translation to American English is from 1874.
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( Liberty Fund's new six-volume The Collected Works of Fr...)
Liberty Fund's new six-volume The Collected Works of Frédéric Bastiat series, of which The Man and the Statesman is the first volume, may be considered the most complete edition of Bastiat's works published to date, in any country, and in any language. The main source for this translation is the seven-volume Oeuvres complètes de Frédéric Bastiat, published in the 1850s and 1860s. The present volume, most of which has never before been translated into English, includes Bastiat's complete correspondence: 207 letters Bastiat wrote between 1819, when he was only 18 years old, until just a few days before his untimely death in 1850 at the age of 49. For contemporary classical liberals, Bastiat's correspondence will provide a unique window into a long-forgotten world where opposition to war and colonialism went hand-in-hand with support for free trade and deregulation. Bastiat's numerous letters to Richard Cobden, a Member of Parliament and best known today as the leader of the British Anti-Corn Law League, chronicle the profound effect the Anti-Corn League had on Bastiat. The League's success in mobilizing a popular movement in England to pressure the British government into abolishing the very protectionist "corn laws," in 1846, inspired Bastiat to emulate the League's success in France by starting his own free-trade movement. The Man and the Statesman also includes articles and other writings on politics and current events that showcase Bastiat's talent as a theoretician, a pamphleteer, a journalist, and a deputy (Member of Parliament) of the nascent French Second Republic. Together with the correspondence, the writings in this volume fill an important gap in our understanding of the lesser-known Bastiat, who, in just a few short years, made a profound impact on French intellectual and political life in Paris. Forthcoming titles in The Collected Works of Frédéric Bastiat series include: "The Law," "The State," and Other Political Writings, 1843-1850 Economic Sophisms and "What is Seen and What is Not Seen" Miscellaneous Works on Economics: From "Jacques-Bonhomme" to Le Journal des Économistes Economic Harmonies The Struggle Against Protectionism: The English and French Free-Trade Movements Frédéric Bastiat (1801-1850) was born in the French port city of Bayonne and became one of the leading advocates of free markets and free trade in the mid-nineteenth century. A theorist of classical liberal political economy and an elected member of various French political bodies, he opposed both protectionism and the rise of socialist ideas. Jacques de Guenin is president of the Cercle Frédéric Bastiat. He is a graduate of the École des Mines in Paris and holds a Master of Sciences from the University of California, Berkeley. Jean-Claude Paul-Dejean is a historian from the University of Bordeaux and a Bastiat scholar. Dennis O'Keeffe is Professor of Social Science at the University of Buckingham, Buckingham, England, and is Senior Research Fellow in Education at the Institute of Economic Affairs, London. David M. Hart received a Ph.D. in history from King's College, Cambridge, and is the Director of Liberty Fund's Online Library of Liberty Project.
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Bastiat was born in Bayonne, Aquitaine, a port town in the south of France on the Bay of Biscay, on 29 June 1801. His father, Pierre Bastiat, was a prominent merchant in the town.
He attended a school in Bayonne, but his aunt thought poorly of it and so enrolled him in the school Saint-Sever. At age 17, he left school at Sorèze to work for his uncle in his family's export business.
In 1846 he founded the Associations for Free Trade and used its journal, Le Libre-Échange (“Free Trade”), to advance his antiprotectionist views. In a well-known satiric parable that appeared in his Sophismes économiques (1845; Sophisms of Protection), Bastiat concocted a petition brought by candlemakers who asked for protection against the Sun, suggesting that candlemaking and related industries would greatly profit if the Sun were eliminated as a competitor in furnishing light.
Bastiat’s petition has become so well known that modern economists often use it in their own defenses of free trade; indeed, Paul Samuelson put it at the head of one chapter in his best-selling textbook, Economics (1948). Bastiat also emphasized what he called the “unseen” consequences of government policy.
During the revolutionary years 1848–49 he wrote against the rise of socialism, which he identified with protectionism. It was primarily his campaign against socialism and communism that won him a seat in the Constituent Assembly in 1849 and in the subsequent Legislative Assembly of the same year. Economic theorist Joseph Schumpeter called Bastiat “the most brilliant economic journalist who ever lived.
He died in Rome, December 24, 1850.
( Liberty Fund's new six-volume The Collected Works of Fr...)
(An inspiring exposition of the natural harmony that resul...)
(Essays on Political Economy is a classic collection of po...)
(The Law was originally published in French in 1850 by Fre...)
After the Revolution of 1848 he turned his efforts for some years to combating the spread of socialism.
Quotations: "The State is the great fiction through which everyone endeavours to live at the expense of everyone else. "
He was also a Freemason, and member of the French National Assembly.
Father
Pierre Bastiat