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Essays on Political Economy

Essays on Political Economy by Frederic Bastiat

Bastiat asserted that the only purpose of government is to defend the right of an individual to life, liberty, and property. From this definition, Bastiat concluded that the law cannot defend life, liberty and property if it promotes socialist policies inherently opposed to these very things. In this way, he says, the law is perverted and turned against the thing it is supposed to defend.

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[Third (People's) Edition]

Essays on Political Economy.

By the late M. Frederic Bastiat, Member of The Institute of France.

New York: G. P. Putnams & Sons, Fourth Avenue, and Twenty Third Street. 1874.

London: Printed for Provost and Co., Henrietta Street, W. C.


Capital and Interest. Introduction 1 Capital and Interest 5 The Sack of Corn 19 The House 22 The Plane 24

That Which Is Seen, and That Which Is Not Seen. Introduction 49 The Broken Window 50 The Disbanding of Troops 54 Taxes 58 Theatres, Fine Arts ... Continue reading book >>

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