MP3 Audiobook "Essays on Political Economy" by Frederic Bastiat
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AUDIOBOOK ON CD IN MP3 FORMAT SOUND
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AUDIOBOOK PUBLISHED BY THE AGAIN SHOP (2011)
ESSAYS ON POLITICAL ECONOMY
Bastiat asserted that the only purpose of government is to defend the right of an individual to life, liberty, and property. From this definition, Bastiat concluded that the law cannot defend life, liberty and property if it promotes socialist policies inherently opposed to these very things. In this way, he says, the law is perverted and turned against the thing it is supposed to defend.
by
Frederic Bastiat
Claude Frédéric Bastiat (pronounced: [klod fÊedeÊik bastja]) (29 June 1801 – 24 December 1850) was a French classical liberal theorist, political economist, and member of the French assembly. He was notable for developing the important economic concept of opportunity cost.
Bastiat asserted that the sole purpose of government is to defend and protect the right of an individual to life, liberty and property. From this definition, Bastiat concluded that the law cannot defend life, liberty and property if it promotes socialist policies, which are inherently opposed to these very things. In this way, he says, the law is perverted and turned against the only things (life, liberty, and property) it is supposed to defend.
He was also a strong supporter of free trade. He "was inspired by and routinely corresponded with Richard Cobden and the English Anti-Corn Law League and worked with free-trade associations in France."
In The Law, Bastiat explains that if the privileged classes use the government for "legalized plunder" this will encourage the lower classes to revolt or use socialist "legalized plunder" and that the correct response to both the socialists and the corporatists is to cease all "legalized plunder". Bastiat also explains why his position is that the law cannot defend life, liberty and property if it promotes socialist policies. When used to obtain "legalized plunder" for any group, he says, the law is perverted and turned against the thing it is supposed to defend.
Because of his stress on the role of consumer demand in initiating economic progress, Bastiat has been described by Mark Thornton, Thomas DiLorenzo,[2] and other economists as a forerunner of the Austrian School. In his Economic Harmonies, Bastiat states that,
We cannot doubt that self-interest is the mainspring of human nature. It must be clearly understood that this word is used here to designate a universal, incontestable fact, resulting from the nature of man, and not an adverse judgment, as would be the word selfishness.
Thornton posits that Bastiat, through taking this position on the motivations of human action, demonstrates a pronounced "Austrian flavor."
Audiobook in MP3 Format (Will play only on a MP3 Compatible Players, some players will not play MP3 files and the disks will appear blank, before ordering please make sure the player you will be using reads MP3 files.)
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