Read The Essential Frédéric Bastiat

The Essential Frédéric Bastiat

The Foundation for Economic Education

4.9/5 (28028 ratings)

Description:"Collectivism severs action from result."Frédéric Bastiat (1801-1850) also devoted his life to spreading, in his words, “the idea of liberty.” Like Read, he especially sought to convey that idea to the rising generation. And so he began one of his major works with an open letter addressed, “To the Youth of France” (included in this collection). Bastiat describes what happens to individual character under a regime of wealth redistribution (or “legal plunder” as he termed it in his classic, mind-expanding essay “The Law,” which is also included).Within such an incentive structure, as Bastiat writes, “the individual's sense of responsibility becomes more and more apathetic and ineffectual.” This is because collectivism severs action from result. Acting in error results in suffering, as it always does. But that detriment "strikes innocent parties” instead of falling “upon the one who has erred.” Artificially insulated from the effects of his own folly, the errant person does not learn from experience and has no incentive to adjust his conduct. So, as Bastiat writes, when individual responsibility is nullified by government “...evil nonetheless follows upon error, but it falls upon the wrong person. It strikes him whom it should not strike; it no longer serves as a warning or a lesson; it is no longer self-limiting; it is no longer destroyed by its own action; it persists, it grows worse, as would happen in the biological world if the imprudent acts and excesses committed by the inhabitants of one hemisphere took their toll only upon the inhabitants of the other hemisphere.”Bastiat’s analysis helps us understand the present world, and not just the failures of socialism. Through this lens, we see clearly the connections between reckless bank lending and the “too big to fail” doctrine, between police brutality and the “qualified immunity” doctrine, between the belligerence of foreign allies and the “collective security” doctrine. In all realms, collectivism corrupts.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Essential Frédéric Bastiat. To get started finding The Essential Frédéric Bastiat, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: —

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: —

ISBN

Description: "Collectivism severs action from result."Frédéric Bastiat (1801-1850) also devoted his life to spreading, in his words, “the idea of liberty.” Like Read, he especially sought to convey that idea to the rising generation. And so he began one of his major works with an open letter addressed, “To the Youth of France” (included in this collection). Bastiat describes what happens to individual character under a regime of wealth redistribution (or “legal plunder” as he termed it in his classic, mind-expanding essay “The Law,” which is also included).Within such an incentive structure, as Bastiat writes, “the individual's sense of responsibility becomes more and more apathetic and ineffectual.” This is because collectivism severs action from result. Acting in error results in suffering, as it always does. But that detriment "strikes innocent parties” instead of falling “upon the one who has erred.” Artificially insulated from the effects of his own folly, the errant person does not learn from experience and has no incentive to adjust his conduct. So, as Bastiat writes, when individual responsibility is nullified by government “...evil nonetheless follows upon error, but it falls upon the wrong person. It strikes him whom it should not strike; it no longer serves as a warning or a lesson; it is no longer self-limiting; it is no longer destroyed by its own action; it persists, it grows worse, as would happen in the biological world if the imprudent acts and excesses committed by the inhabitants of one hemisphere took their toll only upon the inhabitants of the other hemisphere.”Bastiat’s analysis helps us understand the present world, and not just the failures of socialism. Through this lens, we see clearly the connections between reckless bank lending and the “too big to fail” doctrine, between police brutality and the “qualified immunity” doctrine, between the belligerence of foreign allies and the “collective security” doctrine. In all realms, collectivism corrupts.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Essential Frédéric Bastiat. To get started finding The Essential Frédéric Bastiat, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

The Essential Frédéric Bastiat

The Essential Frédéric Bastiat

More Books

The Essential Ludwig von Mises

The Essential Ludwig von Mises

The Essential Henry Hazlitt

The Essential Henry Hazlitt

The Essential Leonard Read

The Essential Leonard Read

Living Standards and the Wealth of Nations: Successes and Failures in Real Convergence (Mit Press)

Living Standards and the Wealth of Nations: Successes and Failures in Real Convergence (Mit Press)

The Freeman Ideas On Liberty November 1973

The Freeman Ideas On Liberty November 1973

Essays on Liberty, Volume XII (Volume 12)

Essays on Liberty, Volume XII (Volume 12)

Essays On Liberty - Volume Xi

Essays On Liberty - Volume Xi

THE CAPITALIST MANIFESTO: FOUNDATION FOR ECONOMIC EDUCATION

THE CAPITALIST MANIFESTO: FOUNDATION FOR ECONOMIC EDUCATION

The Freeman 2004 - The Foundation for Economic Education Annual (Hardcover)

The Freeman 2004 - The Foundation for Economic Education Annual (Hardcover)