Frederic Bastiat Quotes


Nothing is more senseless than to base so many expectations on the state, that is, to assume the existence of collective wisdom and foresight after taking for granted the existence of individual imbecility and improvidence.


Citations

Bastiat, Frédéric. Selected Essays on Political Economy. Foundation for Economic Education, 1995.

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Frederic Bastiat
Frederic Bastiat
  • Born: June 30, 1801
  • Died: December 24, 1850
  • Nationality: French
  • Profession: Economist

Claude-Frédéric Bastiat was a French economist, writer and a prominent member of the French Liberal School.