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The Economics of Freedom: What Your Professors Won't Tell You, Selected Works of Frederic Bastiat (Students For Liberty Library Book 1) (English Edition)

The Economics of Freedom: What Your Professors Won't Tell You, Selected Works of Frederic Bastiat (Students For Liberty Library Book 1) (English Edition) [Kindle Edition]

Frédéric Bastiat , Clark Ruper , Tom Palmer

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For as long as the debate over liberty has been waged, opponents of freedom have used unsound arguments to try to justify greater government involvement in our economic affairs. We encounter these fallacies expressed by students, professors, administrators, and many others along the way. Some claim that acts of destruction can result in economic growth. Others assert that professional licensing is good for consumers. Still more argue that restrictions on trade lead to a higher standard of living.

These dangerous beliefs are not limited to the academic realm. Today more than ever public policy is dictated by flawed economic reasoning. Stimulus packages, cash for clunkers, trade quotas, tariffs, regulations, and licensing requirements are all in vogue amongst today’s politicians and policy makers.

Our generation is not the first to be confronted by these erroneous arguments. In fact, they have already been confronted and proved fallacious by Frederick Bastiat. A 19th century French political economist, Bastiat dedicated his life to proving that government by its nature possesses neither the moral authority to intervene in our economic freedom nor the practical ability to create prosperity through intervention. He systematically debunked his opponents’ claims and observed that economic intervention is most commonly proposed by one group in society trying to gain for themselves at the expense of everyone else.

Bastiat’s analysis is as relevant now as it was when he first penned the famous critiques. Students For Liberty and the Atlas Economic Research Foundation have published a new book, The Economics of Freedom: What Your Professors Won’t Tell You. It features a feature a collection of Bastiat’s best essays including such classics as “What is Seen and What is Not Seen” and “A Petition”, along with contemporary essays by Nobel Laureate F.A. Hayek and Atlas Foundation Vice President Tom G. Palmer.


  • Format: Kindle Edition
  • Dateigröße: 400 KB
  • Seitenzahl der Print-Ausgabe: 93 Seiten
  • Gleichzeitige Verwendung von Geräten: Keine Einschränkung
  • Verlag: Students For Liberty and the Atlas Economic Research Foundation; Auflage: 1 (7. März 2011)
  • Verkauf durch: Amazon Media EU S.à r.l.
  • Sprache: Englisch
  • ASIN: B004QZ9X6M
  • Text-to-Speech (Vorlesemodus): Aktiviert
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71 von 72 Kunden fanden die folgende Rezension hilfreich
5.0 von 5 Sternen An EXCELLENT introduction to Bastiat's economic thought! 1. April 2011
Von Miss Scarlett - Veröffentlicht auf
Format:Kindle Edition
Bastiat is arguably the most witty, lucid and engaging economists to have ever lived. Not only is his thought insightful and universally relevant, he is a joy to read. I'm very glad this edition has been published. Not only does it provide Bastiat's most powerful essays that effortlessly debunk so many harmful economic fallacies; such as the notion that destruction can stimulate the economy or that technology leads to higher unemployment, it does so in a really accessible collection. This edition is concluded with some of Tom G. Palmer's essays on Markets that compliment Bastiat's work perfectly. Were I to recommend a primer on economics to any college-aged student - this book would be it.



Foreword (by F.A. Hayek)

What is Seen and What is Not Seen (Frederic Bastiat)

1. The Broken Window
2. The Demobilization
3. Taxes
4. Theatres and Fine Arts
5. Public Works
6. Middlemen
7. Restraint of Trade
8. Machines
9. Credit
10. Algeria
11. Thrift and Luxury
12. The Right to Employment and the Right to Profit

A Petition (Frederic Bastiat)

A Negative Railroad (Frederic Bastiat)

The Balance of Trade (Frederic Bastiat)

Twenty Myths about Markets (Tom G. Palmer)

1. Ethical Criticisms
2. Economic Criticisms
3. Hybrid Ethical/Economic Criticisms
4. Overly Enthusiastic Defenses
6 von 6 Kunden fanden die folgende Rezension hilfreich
5.0 von 5 Sternen Prophetic explanations 25. September 2012
Von S. Russert - Veröffentlicht auf
Format:Kindle Edition|Verifizierter Kauf
Frederic Bastiat describes how we take seemingly virtuous actions based on what is seen but suffer damage from effects not immediately apparent. Bastiat wrote in the 19th century, but his descriptions of the arguments for government intervention could be taken from today's political discussions. Some archaic language and references to French 19th-century people and places are a little obscure, but can be pretty easily understood from context. Highly recommended to help understand current approaches to government and economics.
3 von 3 Kunden fanden die folgende Rezension hilfreich
5.0 von 5 Sternen Bastiat nails it 9. November 2013
Von KRS - Veröffentlicht auf
Format:Kindle Edition|Verifizierter Kauf
Along with Henry Hazlitt's "Economics in One Lesson" this is a must read book for every conservative or libertarian. Why? Well Bastiat does a wonderful job of framing the arguments that liberals use in a way that we can use when we discuss the obtuse economic ideas of the left. The examples Bastiat use are actually clear and simple enough that even a progressive might under stand them.

I would recommend this to every homeschooling family to add to the curriculum along with Hazlitt's fine little book.
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5.0 von 5 Sternen Very good! 20. Oktober 2012
Von Alex - Veröffentlicht auf
Format:Kindle Edition|Verifizierter Kauf
This is a book that everybody must read to understand what is behind the political choices. Options that at first sight look to be good may hide others that make them awful.
1 von 1 Kunden fanden die folgende Rezension hilfreich
5.0 von 5 Sternen A foundational economic work 28. März 2014
Von Richard Crane - Veröffentlicht auf
Format:Kindle Edition|Verifizierter Kauf
Bastiat was a contemporary of Marx. Like Marx, could write compellingly for a non-technical audience. His views have panned out better than those of his more famous and controversial colleague.

Reading Bastiat is like reading Adam Smith without the tedium of a hugh tome and analyses of the steps involved in pin manufacture.
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There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen. &quote;
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Our adversaries believe that an activity that is neither subsidized nor regulated is abolished. We believe the contrary. Their faith is in the legislator, not in mankind. Ours is in mankind, not in the legislator. &quote;
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Freedom is important in order that all the different individuals can make full use of the particular circumstances of which only they know. &quote;
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