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Selected Essays on Political Economy (Bastiat Trilogy Book 1) QUOTES

Selected Essays on Political Economy (Bastiat Trilogy Book 1) QUOTES

1 " When it is a question of taxes, gentlemen, prove their usefulness by reasons with some foundation, but not with that lamentable assertion: “Public spending keeps the working class alive.” It makes the mistake of covering up a fact that it is essential to know: namely, that public spending is always a substitute for private spending, and that consequently it may well support one worker in place of another but adds nothing to the lot of the working class taken as a whole. "

― Frédéric Bastiat , Selected Essays on Political Economy (Bastiat Trilogy Book 1)

2 " Our adversaries believe that an activity that is neither subsidized nor regulated is abolished. We believe the contrary. Their faith is in the legislator, not in mankind. Ours is in mankind, not in the legislator. "

― Frédéric Bastiat , Selected Essays on Political Economy (Bastiat Trilogy Book 1)

3 " Guided by the comparison of prices, private enterprise distributes food all over the world, always beginning at the point of greatest scarcity, that is, where the need is felt the most. "

― Frédéric Bastiat , Selected Essays on Political Economy (Bastiat Trilogy Book 1)