Frederic Bastiat Quotes


They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers.


Citations

Bastiat, Frédéric. Economic Harmonies. Foundation for Economic Education, 1996.

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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.