Frederic Bastiat

Bastiat, Frederic


Born June 30, 1801; died Dec. 24, 1850. French bourgeois economist; propagandist for free trade.

K. Marx characterized Bastiat as “the most superficial and therefore the most adequate representative of the apologetic of vulgar economy” (K. Marx and F. Engels, Soch., 2nd ed., vol. 23, p. 18). Bastiat was one of the authors of the “theory” of the harmony of interests of labor and capital, a theory which concealed the exploitation of the proletariat by the bourgeoisie and depicted this exploitation as some kind of “exchange of services” between labor and capital. Bastiat actively advocated “free enterprise,” which he regarded as the decisive condition for the establishment of social harmony in bourgeois society.


Sophismes économiques. Paris, 1846. New edition: Paris, 1854. In Russian translation: Ekonomicheskie sofizmy. St. Petersburg, 1863.
Harmonies économiques. Paris, 1840. New edition: Paris, 1954. In Russian translation: Ekonomicheskie garmonii. [Moscow], 1904.


Marx, K. Kapital, vol. 1. K. Marx and F. Engels, Soch., 2nd ed., vol. 23, pp. 18, 70, 91, 92, 204, 419, 575.
Marx, K. “Bastia i Keri.” Ibid., vol. 46, part 1, pp. 3–16.
Marx, K. “Teorii pribavochnoi stoimosti” (in vol. 4 of Kapital). Ibid., vol. 26, part 1, pp. 413,416; vol. 26, part 3, pp. 91,527,550, 552,561.
References in periodicals archive ?
The quote 'when goods don't cross borders, soldiers will' is often attributed to French economist Frederic Bastiat.
To that end, I would highly recommend the reading of Frederic Bastiat, THE LAW.
The French economist Frederic Bastiat (died 1850), said that free and self administered mutual associations existed in the UK, over 33,000 of them covering over 3 million people (half the total population), with annual revenues of PS5 million (how many billion would that be today?
THE French 19th-century political theorist Frederic Bastiat wrote a satirical poem highlighting the futility of producers' cries for import protectionism.
To paraphrase Frederic Bastiat, a good economist is one who regularly anticipates and teases out the unintended consequences of public policies.
Jasay's lengthy career as a popular columnist and places him squarely in the same camp as Frederic Bastiat and other famous French liberals of the nineteenth century.
Say and Frederic Bastiat, and in the Germanic tradition by the Austrian school of Ludwig von Mises and, later, Friedrich von Hayek.
Or, "If goods cannot cross borders, armies will" is the famous saying of the 19th century French economist Frederic Bastiat, so often quoted by the longest-ever serving US Secretary of State Cordell Hull.
comes from Frederic Bastiat," the French economist.
More than a century ago, the French economist and polemicist Frederic Bastiat noted that many economic fallacies persist because the beneficiaries of government actions are easily visible while the victims are harder to identify.
22) See Frederic Bastiat, The Law (Auburn, AL: Ludwig von Mises Institute, 2007).