conservativism Frederic Bastiat

http://fee.org/files/doclib/20121116_TheLaw.pdf The law free PDF link in English…. not for the weak mind…

http://www.nicholls.edu/bastiatsbastions/about/ this has his works here. To large to put here. I will comment on this.

My opinion,

Federic Bastiat claims to be a champion of liberty. He also came up with the “Broken Windows Theory” which is used as an excuse for Police State, and Totalitarian views laws etc…..

My opinion,

People in my opinion, want to claim to feed you liberty, but in reality, give you Communism or
Totalitarian rule….

My opinion,

Some people can do no more than criticize all but have no solutions on how to solve problems, this in my view to tear down rather than build…..

From http://en.m.wikipedia.org/wiki/Fr%C3%A9d%C3%A9ric_Bastiat

Born 29 June 1801 Bayonne,France

Died 24 December 1850 (aged 49) Rome, Papal States

Nationality French

School/tradition Classical liberalism

Influences Richard Cobden,Adam Smith,Jean-Baptiste Say

Influenced Arthur Latham Perry, Gustave de Molinari, Ludwig von Mises,Henry Hazlitt,Ron Paul,Thomas Sowell,Walter E. Williams

Claude Frédéric Bastiat (French: [klod fʁedeʁik bastja]; 29 June 1801 [1][2] –24 December 1850) was a French classical liberal theorist, political economist,and member of the French assembly.

He was notable for developing the important economic concept of opportunity cost,

and for penning the influential Parable of the Broken Window.

His ideas have gone on to provide a foundational basis for libertarian and the Austrian schools of thought. [1][3]

My opinion,

Let us talk alittle more about Federie, (please go read Wikipedia and other sources then come back here….

Wikipedia:

His father, Pierre Bastiat, was a prominent businessman in the town.

His mother died in 1808 when Frédéric was seven years old.

His father moved inland to the town of Mugron with Frédéric following soon afterword.

The Bastiat estate in Mugron had been acquired during the French Revolution and had previously belonged to the Marquis of Poyanne.

Dad Pierre Bastiat died in 1810, leaving Frédéric an orphan.

He was taken in by his paternal grandfather and his maiden aunt, Justine Bastiat.

He attended a school in Bayonne, but his aunt thought poorly of it and so enrolled him in Saint-Sever.

My opinion, Dropped out of school.

At 17, he left school at Sorèze to work for his uncle in his family’s export business.

It was the same firm where his father had been a partner.

Economist Thomas DiLorenzo suggests that this experience was crucial to Bastiat’s later work since it allowed young Frédéric to acquire first-hand knowledge of how regulation can affect markets.

My opinion,

I wounder ?

[3] Sheldon Richman notes that “he came of age during the Napoleonic wars,with their extensive government intervention in economic affairs.”

My opinion,

I wounder, “extensive government intervention? How old was he now, less than 17, and knows economic affairs? Right…

Bastiat began to develop an intellectual interest. He no longer wished to work with his uncle and dreamed of going to Paris for formal studies.

My opinion,

Drops out of school, after working wants to go back to school, ? Work. To hard?

history, politics, religion, travel, poetry, political economy and biography.” [3]

“After the middle-class Revolution of 1830,

Bastiat became politically active and was elected justice of the peace of Mugron

in 1831 and to the Council General (county-level assembly) of Landes in 1832.

He was elected to the national legislative assembly after the French Revolution of 1848.

His public career as an economist began only in 1844

when his first article was published in the Journal des economistes in October of that year.

It was cut short by his untimely death in 1850. Bastiat contracted tuberculosis,

legislative assembly to which he was elected in 1848 and 1849) and took his life.

Bastiat was the author of many works on economics and political economy, generally characterized by their clear organization, forceful argumentation, and acerbic wit.

Economist Murray Rothbard wrote that “Bastiat was indeed a lucid and superb writer, whose brilliant and witty essays and fables to this day are remarkable and devastating demolitions of protectionism and of all forms of government subsidy and control.

He was a truly scintillating advocate of an unrestricted free market.”

On the other hand, Bastiat himself declared that subsidy should be available, but limited: “under extraordinary circumstances, for urgent cases, the State should set aside some resources to assist certain unfortunate people, to help them adjust to changing conditions.”

Among his better known works is Economic Sophisms, [7] which contains many strongly worded attacks on statist policies. Bastiat wrote the work while living in England to advise the shapers of the French Republic on pitfalls to avoid.

Economic Sophisms and the “Candlemakers’ Petition”

Contained within Economic Sophisms is the satirical parable known as the “Candlemakers’ petition” in which candlemakers and tallow producers lobby the Chamber of Deputies of the French July Monarchy (1830–1848) to block out the Sun to prevent its unfair competition with their products.

[8] Also included in the Sophisms is a facetious petition to the king asking for a law forbidding the usage of everyone’s right hand, based on a presumption by some of his contemporaries that more difficulty means more work and more work means more wealth. [9]

The Law (1850)

Bastiat’s most famous work, however, is The Law,originally published as a pamphlet in 1850. It defines, through development,
a just system of laws and then demonstrates how such law facilitates a free society.

In The Law,he wrote that everyone has a right to protect “his person, his liberty, and his property”.

The State should be only a “substitution of a common force for individual forces” to defend this right.

“Justice” (defense of one’s life, liberty, property) has precise limits, but if government power extends further, into philanthropic endeavors, government becomes so limitless that it can grow endlessly.

The resulting statism is “based on this triple hypothesis: the total inertness of mankind, the omnipotence of the law, and the infallibility of the legislator.” The public then becomes socially-engineered by the legislator and must bend to the legislators’ will “like the clay to the potter”:

Bastiat posits that the law becomes perverted when it punishes one’s right to self-defense (of his life, liberty, and property) in favor of another’s right to “legalized plunder,”

which he defines as: “if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong.

See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.” [10]

Bastiat was thus against redistribution.

“What is Seen and What is Unseen”

In his 1850 essay “Ce qu’on voit et ce qu’on ne voit pas” (“What is Seen and What is Unseen”), [11] through the parable of the broken window,he introduced the concept of opportunity cost in all but name; this term was not coined until over 50 years after his death in 1914 by Friedrich von Wieser.

My opinion,

What 50 years after??

Debate with Proudhon

He also famously engaged in a debate, between 1849 and 1850, with Pierre-Joseph Proudhon about the legitimacy of interest.

[12] As Robert Leroux argued, Bastiat had the conviction that Proudhon’s doctrine “was the complete antithesis of any serious approach”. [13]

Proudhon famously lost his temper and declared to Bastiat: “Your intelligence sleeps, or rather it has never been awake…You are a man for whom logic does not exist…You do not hear anything, you do not understand anything…Your are without philosophy, without science, without humanity…Your ability to reason, like your ability to pay attention and make comparisons is zero…Scientifically, Mr. Bastiat, you are a dead man.”

Works

“I do not dispute their right to invent social combinations, to advertise them, to advocate them, and to try them upon themselves, at their own expense and risk. But I do dispute their right to impose these plans upon us by law – by force – and to compel us to pay for them with our taxes”.

Bastiat asserted that the sole purpose of government is to protect the right of an individual to life, liberty, and property, and why it is dangerous and morally wrong for government to interfere with an individual’s other personal matters.

From this, Bastiat concluded that the law cannot defend life, liberty, and property if it promotes “legal [or legalized] plunder,” which he defined as using government force and laws to take something from one individual and give it to others (as opposed to a transfer of property via mutually-agreed contracts, without using fraud nor violent threats against the other party, which Bastiat considered a legitimate transfer of property). [15]

In The Law,Bastiat explains that, if the privileged classes or socialists use the government for “legalized plunder,” this will encourage the other socio-economic class to also use “legal plunder,” and that the correct response to both the socialists and the corporatists is to cease all “legal plunder.”

Bastiat also explains in The Law why his position is that the law cannot defend life, liberty, and property if it promotes socialist policies.

When used to obtain “legalized plunder” for any group, he says, the law is perverted and turned against the only things (life, liberty, and property) it is supposed to defend. [15]

Bastiat was also a strong supporter of free trade.

He “was inspired by and routinely corresponded with Richard Cobden and the English Anti-Corn Law League and worked with free-trade associations in France.” [1]

Because of his stress on the role of consumer demand in initiating economic progress (a form of demand-side economics),

Bastiat has been described by Mark Thornton,Thomas DiLorenzo, [3] and other economists as a forerunner of the Austrian School. In his Economic Harmonies,Bastiat states that,

Thornton posits that Bastiat, through taking this position on the motivations of human action, demonstrates a pronounced “Austrian flavor.” [16]

Frédéric Bastiat

One of Bastiat’s most important contributions to the field of economics was his admonition to the effect that good economic decisions can be made only by taking into account the “full picture.” That is, economic truths should be arrived at by observing not only the immediate consequences –that is, benefits or liabilities –of an economic decision, but also by examining the long-term second and third consequences. Additionally, one must examine the decision’s effect not only on a single group of people (say candlemakers) or a single industry (say candlemaking), but on all people and all industries in the society as a whole. As Bastiat famously put it, an economist must take into account both “What is Seen and What is Not Seen.” Bastiat’s “rule” was later expounded and developed by Henry Hazlitt in his work Economics in One Lesson,in which Hazlitt borrowed Bastiat’s trenchant “Broken Window Fallacy” and went on to demonstrate how it applies to a wide variety of economic falsehoods.

Negative railroad

A famous section of Economic Sophisms concerns the way that tariffs are inherently counterproductive. Bastiat posits a theoretical railway between Spain and France that is built in order to reduce the costs of trade between the two countries. This is achieved, of course, by making goods move to and from the two nations faster and more easily. Bastiat demonstrates that this situation benefits both countries’ consumers because it reduces the cost of shipping goods, and therefore reduces the price at market for those goods.

However, each country’s producers begin to criticize their governments because the other country’s producers can now provide certain goods to the domestic market at reduced price. Domestic producers of these goods are afraid of being outcompeted by the newly viable industry from the other country. So, these domestic producers demand that tariffs be enacted to artificially raise the cost of the foreign goods back to their pre-railroad levels, so that they can continue to compete.

Bastiat raises two significant points here:

1. Even if the producers in a society are benefited by these tariffs (which, Bastiat claims, they are not), the consumers in that society are clearly hurt by the tariffs, as they are now unable to secure the goods they want at the low price at which they should be able to secure them. 2. The tariffs completely negate any gains made by the railroad and therefore make it essentially pointless.

To further demonstrate his points, Bastiat suggests—in a classic reductio ad absurdum—that, rather than enacting tariffs, the government should simply destroy the railroad anywhere that foreign goods can outcompete local goods. Since this would be just about everywhere, he goes on to suggest that this government should simply build a broken or “negative” railroad right from the start, and not waste time with tariffs and rail building.

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Biography

Works

“I do not dispute their right to invent social combinations, to advertise them, to advocate them, and to try them upon themselves, at their own expense and risk. But I do dispute their right to impose these plans upon us by law – by force – and to compel us to pay for them with our taxes”.

Views

We cannot doubt that self-interest is the mainspring of human nature. It must be clearly understood that this word is used here to designate a universal, incontestable fact, resulting from the nature of man, and not an adverse judgment, as would be the w