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Frédéric Bastiat

Frédéric Bastiat

French economist


Dead at 49 years
Birthday
Tuesday
He is born 222 years, 9 months and 25 days ago
Death date
Tuesday

He is dead since 173 years and 4 months

Cause of death: tuberculosis

Birthplace
Bayonne, France
Nationality: french France
Birth sign: Cancer

Claude-Frédéric Bastiat (; French: [klod fʁedeʁik bastja]; 30 June 1801 – 24 December 1850) was a French economist, writer and a prominent member of the French Liberal School.

A member of the French National Assembly, Bastiat developed the economic concept of opportunity cost and introduced the parable of the broken window. He was described as "the most brilliant economic journalist who ever lived" by economic theorist Joseph Schumpeter.

As an advocate of classical economics and the economics of Adam Smith, his views favored a free market and influenced the Austrian School. He is best known for his book The Law, where he argued that law must protect rights such as private property, not "plunder" others' property.

Source : Wikipedia