Frdric Bastiat

Claude Frdric Bastiat (June 30, 1801December 24, 1850) was a French classical liberal author and political economist.

Biography

He was born in Bayonne, Aquitaine, France. His public career as an economist began only in 1844, and was cut short by his untimely death in 1850. Bastiat had caught tuberculosis, probably during his tours throughout France to promote libertarian ideas, and that illness eventually prevented him from making further speeches (particularly at the legislative assembly to which he was elected in 1848 and 1849) and took his life. Frdric Bastiat died in Rome, Italy on December 24, 1850.

Views

Bastiat embodied the "Harmonic" school of libertarians, who consider utilitarian and natural law arguments as two complementary aspects of a same world. Bastiat did not take part in the anarchist-minarchist debate (he arguably died too early for that); he seems to have considered the State as something inevitable as far as immediate practical things matter, something that ought to be taken into account as long as it existed. He also explicitly deplored violent revolution as a way to get rid of governments. Finally, his friend Gustave de Molinari did publish his foundational work on free market anarchism in 1849, and Bastiat, knowing that, did declare on his death bed that Molinari was his spiritual heir. Because of his stress on the role of consumer demand in initiating economic progress he is seen as a forerunner of the Austrian School.

Works

Bastiat was the author of the satirical document best known as the "Candlemakers' petition" which presents itself as a petition from candle-makers to the French government to block out the Sun to prevent its unfair competition with their products. Bastiat was also the author of The Law, originally published as a pamphlet in 1850.

See also

External links

Bastiat, Frederic Bastiat, Frederic Bastiat, Frederic

 

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