Bastiat, Frédéric

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Bastiat, Frédéric (frādārēk` bästyä`), 1801–50, French economist. In his Harmonies of Political Economy (1850, tr. 1860) he developed the classical theories of economic individualism and laissez-faire. A popular and controversial writer, he vigorously supported free trade. There are several translations of his essays called Sophismes économiques (1847–48).

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