Frederic Bastiat Quotes
In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge only subsequently; they are not seen; we are fortunate if we force them.
Topics
Consequences
Unintended Consequences
Cause, Causes, Causality
Causes & Effects, Cause and Effect
Chain Reaction
Negative Consequences
Unanticipated Consequences
Delayed Consequences
Economic Consequences
Long-Term Impact
Ripple Effect
Secondary Effects
Unforeseen Consequences
Unintended Outcomes
Economic Effects
Economic Sphere
Related Quotes
Explaining why Indochina should not be allowed to fall to the Communists:. This is the origin of the expression "domino theory."
Claude-Frédéric Bastiat was a French economist, writer and a prominent member of the French Liberal School.