Frédéric Bastiat

Sull'autore

Frédéric Bastiat was a prominent French economist, statesman, and author, known for his strong advocacy of free markets and his critique of protectionism. He was born in Bayonne in 1801 and became one of the leading figures of the French liberal school of economics. His writings, particularly his essays on political economy, emphasized the importance of individual liberty and the role of government in the economy. Bastiat's work often highlighted the impact of government intervention on economic prosperity and personal freedom, making him a key figure in the development of classical liberal thought.

Bastiat's most famous work, "The Law," outlines his philosophy on the role of law in society and argues against the legal plunder of property and resources. He also created the concept of the "broken window fallacy," illustrating how economic fallacies can lead to misguided policies. Despite his relatively brief life-he passed away at the age of 49-Bastiat's ideas have had a lasting influence on economic thought and policy, inspiring generations of economists and libertarians around the world.