MetaFilter posts tagged with bastiat

Nature's Creative Destruction

anotherpanacea — Tue, 08 Jul 2008 12:41:55 -0800

Natural disasters are good for the economy. No, they aren't. Yes, they are. Well, maybe sometimes they are and sometimes they aren't. (pdf) It helps if somebody makes a movie or a television show about it. The Broken Window fallacy.

I have taken the decision that, whatever happens, I will not be a party man.

geoff. — Mon, 14 May 2007 13:23:47 -0800

Frederic Bastiat, described by Joseph Schumpeter nearly a century after Bastiat's death as, "the most brilliant economic journalist who ever lived." A great proponent of free markets, his works show a fastidious devotion to the Vienna School of economic thought. His Petition to Candlemakers demonstrates both his satirical wit and an understanding of the failings of isolationist economic policies (cf Smoot-Hawley Tariff Act). Lorenza Garreau writes, "Every day he crushed a fallacy -- killed it by ridicule and by turning on it the bright light of logic."

Frédéric Bastiat

hama7 — Sun, 05 Nov 2006 15:16:01 -0800

Frédéric Bastiat (1801 -1850)