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Explore the principles of economics with the "Bastiat Collection 2" by Frederic Bastiat. This hardcover textbook, published in 2007 by the Ludwig Von Mises Institute, delves into various economic concepts and theories. Written in English, it is ideal for students and enthusiasts interested in the subject area of Business & Economics. The book is a valuable addition to any collection, featuring a collection of works by the renowned author Frederic Bastiat. It is categorized as a textbook, but its informative content is accessible to a wide range of readers. Get your hands on this insightful publication and enhance your understanding of economics.
I can not believe I have never read (or until somewhat recently heard) of this classic of limited government and libertarian political philospophy. Bastiat's message is clear...the only proper role of the law (i.e. government) is to safeguard the individuals right to his/her life, liberty and property. Any actions by the government beyond this limited sphere will actually act to violate the rights of one group at the expense of another.
A few interesting quotes:
"The mission of law is not to oppress persons and plunder them of their property, even thought the law may be acting in a philanthropic spirit. Its mission is to protect property."
"But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime."
"You say: 'There are persons who lack education' and you turn to the law. But the law is not, in itself, a torch of learning which shines its light abroad. The law extends over a society where some persons have knowledge and others do not; where some citizens need to learn, and others can teach. In this matter of education, the law has only two alternatives: It can permit this transaction of teaching-and-learning to operate freely and without the use of force, or it can force human wills in this matter by taking from some of them enough to pay the teachers who are appointed by government to instruct others, without charge. But in the second case, the law commits legal plunder by violating liberty and property."
"As long as it is admitted that the law may be diverted from its true purpose--that it may violate property instead of protecting it--then everyone will want to participate in making the law, either to protect himself against plunder or to use it for plunder."
This book is right up there with The Road to Serfdom as a seminal work of limited government. HIGHEST POSSIBLE RECOMMENDATION