Frédéric Bastiat
1801 - 1850
Frédéric Bastiat (1801-1850) was a French economist, writer, and political theorist known for his advocacy of free markets and limited government. His influential works, including "The Law" and "Economic Sophisms," critique protectionism and promote individual liberty.
Frédéric Bastiat, born on June 30, 1801, in Bayonne, France, was a prominent economist, political theorist, and writer known for his advocacy of classical liberalism and free-market principles. Bastiat's early life was shaped by the turbulent socio-political landscape of early 19th-century France, which influenced his views on economics and government intervention. After losing his father at a young age, he was raised by his mother and developed a keen interest in literature and philosophy, particularly the ideas of the Enlightenment.

Bastiat's literary career began in earnest in the 1840s, during which he became known for his essays and pamphlets that critiqued protectionism and advocated for free trade. One of his most notable works, "The Law" (1850), outlines his belief that the purpose of law is to protect individual rights and property. In this influential essay, Bastiat argues against state intervention and taxation, asserting that the government should only serve to safeguard liberty rather than infringe upon it. Another significant work, "What Is Seen and What Is Not Seen," published in 1850, explores the consequences of economic decisions, emphasizing the importance of considering both immediate and long-term effects.

Throughout his career, Bastiat was a vocal advocate for political and economic freedom. He was elected to the French National Assembly in 1848, where he championed policies that favored individual liberties and free markets. His writings and speeches garnered attention, solidifying his reputation as a leading figure in the liberal movement.

Bastiat's personal life was marked by a commitment to his principles and a passion for writing. He remained unmarried for much of his life, focusing on his work until his health began to decline. He succumbed to tuberculosis on December 24, 1850, in Rome, Italy. Despite his relatively short life, Bastiat's contributions to economic thought and political philosophy continue to resonate, influencing generations of economists and libertarians who advocate for free markets and limited government intervention.
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