Treat all economic questions from the viewpoint of the consumer, for the interests of the consumer are the interests of the human race.
Frederic BastiatIn 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 BastiatIt is impossible to introduce into society a greater change and a greater evil than this: the conversion of the law into an instrument of plunder.
Frederic BastiatI believe that my theory is correct; for whatever be the question upon which I am arguing, whether it be religious, philosophical, political, or economical; whether it affects well-being, morality, equality, right, justice, progress, responsibility, property, labor, exchange, capital, wages, taxes, population, credit, or Government; at whatever point of the scientific horizon I start from, I invariably come to the same thingโthe solution of the social problem is in liberty.
Frederic Bastiat