Hear, hear!
The best source for Bastitat books -- Joe Moorman's
http://www.planetgold.com/books/ site!
>> Subject:
>> In Praise of Bastiat
>> Date:
>> Thu, 5 Jul 2001 06:41:30 -0400
>> From:
>> "R. A. Hettinga" <[EMAIL PROTECTED]>
>> To:
>> Digital Bearer Settlement List <[EMAIL PROTECTED]>
>>
>>
>> http://interactive.wsj.com/archive/retrieve.cgi?id=SB994299301115112922.djm
>>
>> July 5, 2001
>>
>> Commentary
>>
>> In Praise of an
>> Economic Revolutionary
>>
>> By Bob McTeer, president and CEO of the Federal Reserve Bank of Dallas.
>>
>> "The state is the great fictitious entity by which everyone seeks to live
>> at the expense of everyone else."
>>
>> -- Frederic Bastiat (1801-1850)
>>
>> Claude Frederic Bastiat was born in Bayonne, in the southwest of France,
>> 200 years ago last Friday. This week, I kicked off a conference in nearby
>> Dax, France, celebrating Bastiat's contributions to individual liberty and
>> free markets.
>>
>> The whole world should be celebrating the birthday of this pioneer of
>> free-market capitalism.
>>
>> Frederic Bastiat
>>
>> Bastiat's output was prodigious, especially in the last five years of his
>> life. Through his writing and speeches, and as a member of the French
>> Chamber of Deputies, Bastiat fought valiantly against the protectionism and
>> socialism of his time. He proselytized for free trade, free markets and
>> individual liberty. His weapons were wit and satire; his method was the
>> reductio ad absurdum. More than any other person before or since, he
>> exposed economic fallacies with a clarity, simplicity and humor that left
>> opponents with no place to hide.
>>
>> Bastiat called attention to the absurdities that come from favoring
>> producers over consumers and sellers over buyers. Producers benefit from
>> scarcity and high prices while consumers benefit from abundance and low
>> prices. Government policies favoring producers, therefore, tend to favor
>> scarcity over abundance. They shrink the pie.
>>
---
You are currently subscribed to e-gold-list as: archive@jab.org
To unsubscribe send a blank email to [EMAIL PROTECTED]
