I was having an e-mail conversation with a friend and went to the bookshelf for some reference material and I came across a great little 24 page publication by the Foundation for Economic Education (FEE) entitled The Wisdom of Bastiat.
It contains selected writings (What Is Seen and What Is Not Seen. The Broken Window. A Negative Railroad. A Petition. Differential Tarriffs. and Post Hoc, Ergo Propter Hoc.), quotes from his various works and a biological note by Henry Hazlitt.
When we consider Bastiat died in the late 19th Century (1850) he was quite a luminary.
Here's one of Bastiat's quotes I love:
"The state tends to expand in proportion to its means of existence and to live beyond its means, and these are, in the last analysis, nothing but the substance of the people. Woe to the people that cannot limit the sphere of action of the state! Freedom, private enterprise, wealth, happiness, independence, personal dignity, all vanish." Sophisms, 141.
Download a copy of The Wisdom of Bastiat (PDF) pamphlet here…
What's so wonderful about FEE you ask? Visit the their web site here… and poke around for a while. You'll be amazed.
You can donate to FEE here…
And what was I looking for on the bookshelf? My copy of Murray Rothbard's book, "What Has Governemnt Done to Our Money". But that's a post for another day.