Quote by: Frederic Bastiat

The person who profits from this law will complain bitterly, defending his . He will claim that the state is obligated to protected and encourage his particular industry; that this procedure enriches the state because the protected industry is thus able to spend more and to pay higher wages to the poor workingmen. Do not listen to this sophistry by vested interests. The acceptance of these arguments will build legal plunder into a whole system. In fact, this has already occurred. The present-day delusion is an attempt to enrich everyone at the expense of everyone else; to make plunder universal under the pretense of organizing it.


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Author Bio


  • NameFrederic Bastiat
  • DescriptionFrench classical liberal theorist, political economist, and member of the French assembly
  • AliasesClaude Frédéric Bastiat
  • BornJune 30, 1801
  • DiedDecember 24, 1850
  • CountryFrance
  • ProfessionPhilosopher; Economist; Author; Politician