Frederic Bastiat Quotes


The state tends to expand in proportion to its means of existence and to live beyond its means, and these are, in the last analysis, nothing but the substance of the people. Woe to the people that cannot limit the sphere of action of the state! Freedom, private enterprise, wealth, happiness, independence, personal dignity, all vanish.


Citations

Bastiat, Frédéric. Selected Essays on Political Economy. Translated by Seymour Cain, Foundation for Economic Education, 1995, p. 143.

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Frederic Bastiat
Frederic Bastiat
  • Born: June 30, 1801
  • Died: December 24, 1850
  • Nationality: French
  • Profession: Economist

Claude-Frédéric Bastiat was a French economist, writer and a prominent member of the French Liberal School.