Frederic Bastiat Quotes
But life cannot maintain itself alone. The Creator of life has entrusted us with the responsibility of preserving, developing, and perfecting it. In order that we may accomplish this, He has provided us with a collection of marvelous faculties. And He has put us in the midst of a variety of natural resources. By the application of our faculties to these natural resources we convert them into products, and use them. The process is necessary in order that life may run its appointed course.
Bastiat, Frédéric. The Law. Foundation for Economic Education, 1950.
England wanted to keep Oregon; the United States claim was to 54° 40’.
This is one of the early environmental statements.
The major reason for not yet harvesting waste is the labor, caital, and energy costs of recycling relative to the value of the resource is too high. Technology improvements and greater shortages continuously change the equation in favor of harvesting more and more resources.
Claude-Frédéric Bastiat was a French economist, writer and a prominent member of the French Liberal School.