Frederic Bastiat Quotes
There is not a tool, an implement, or a machine that has not resulted in a decrease in the contribution of human labor. Labor is not made permanently idle [though]; when replaced in one special category... it turns its attack against other obstacles on the main road to progress.
Bastiat, Frédéric. Economic Harmonies. Translated by W. Hayden Boyers, Foundation for Economic Education, 1996.
Samuel Langhorne Clemens, 1835-1910
We think of jobs being eliminated when technology is employed as a modern problem. But here, in 1936, automation was eliminating jobs rapidly. One fascinating difference is that Mrs. Roosevelt observes that the laborers jobs are eliminated and the high school and college graduates can run the enterprise. 75 years after this quotation, the jobs of the high school graduates were being eliminated and some higher education was necessary for most jobs. As technology improves, the workers who are necessary require more and more education.
Claude-Frédéric Bastiat was a French economist, writer and a prominent member of the French Liberal School.