In an economy, an act, a habit, an institution, or a law, gives birth not only to an effect, but to a series of effects. Of these effects, the first only is immediate; it manifests itself simultaneously with its cause - it is seen. The others unfold in succession - they are not seen. Now this difference is enormous, for it is often true that when the immediate consequence is favorable, the ultimate consequences are fatal, and the converse.
Frederic BastiatSlavery, protection, and monopoly find defenders, not only in those who profit by them, but in those who suffer by them.
Frederic BastiatThe mission of the law is not to oppress persons and plunder them of their property, even though the law may be acting in a philanthropic spirit. Its purpose is to protect persons and property.... If you exceed this proper limit -- if you attempt to make the law religious, fraternal, equalizing, philanthropic, industrial, or artistic -- you will then be lost in uncharted territory, in vagueness and uncertainty, in a forced utopia or, even worse, in a multitude of utopias, each striving to seize the law and impose it on you.
Frederic BastiatEach of us has a natural right, from God, to defend his person, his liberty, and his property.
Frederic BastiatEveryone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.
Frederic BastiatLegal plunder can be committed in an infinite number of ways; hence, there are an infinite number of plans for organizing it: tariffs, protection, bonuses, subsidies, incentives, the progressive income tax, free education, the right to employment, the right to profit, the right to wages, the right to relief, the right to the tools of production, interest free credit, etc., etc. And it the aggregate of all these plans, in respect to what they have in common, legal plunder, that goes under the name of socialism.
Frederic Bastiat