Frederic Frederic Bastiat

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Multimedia

The Law

NOVEMBER 16, 2012 by FREDERIC BASTIAT

Frederic Bastiat's timeless defense of liberty for all. Once read and understood, nothing ever looks the same.

Related Podcasts

What Is Seen and What Is Not Seen

SEPTEMBER 26, 2013 by FREDERIC BASTIAT

In economics, an act, a habit, an institution, or a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge afterward; they are not seen. Basiat argues that a good economist must look at both the seen and unseen consequences of an action. (18:11 minutes)

Unfair Competition with the Sun

SEPTEMBER 26, 2013 by FREDERIC BASTIAT

Politicians often argue that cheat imports are bad for the domestic economy. In this podcast, Bastiat argues that competition from free trade actually increases domestic employment and income levels. (7:44 minutes)

CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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