THE LAW, first published as a pamphlet in June, 1850, is now a hundred and fifty years old. When a reviewer wishes to give special recognition to a book, he predicts that it will still be read "a hundred years from now." And because its truths are eternal, it will still be read when another century has passed. These truths are particularly true and evident today.
Frédéric Bastiat was a French economist, statesman, and author. He did most of his writing during the years just before - and immediately following -- the French Revolution of February 1848. This was the period when France was rapidly turning to complete socialism. As a Deputy to the Legislative Assembly, Mr. Bastiat was studying and explaining each socialist fallacy as it appeared. He explained how a system of socialism must inevitably degenerate into a system of communism, totalitarian despotism, and from there, when the system becomes intolerably oppressive, into lawlessness and anarchy, inevitably to revolution and war.
Description:
THE LAW, first published as a pamphlet in June, 1850, is now a hundred and fifty years old. When a reviewer wishes to give special recognition to a book, he predicts that it will still be read "a hundred years from now." And because its truths are eternal, it will still be read when another century has passed. These truths are particularly true and evident today.
Frédéric Bastiat was a French economist, statesman, and author. He did most of his writing during the years just before - and immediately following -- the French Revolution of February 1848. This was the period when France was rapidly turning to complete socialism. As a Deputy to the Legislative Assembly, Mr. Bastiat was studying and explaining each socialist fallacy as it appeared. He explained how a system of socialism must inevitably degenerate into a system of communism, totalitarian despotism, and from there, when the system becomes intolerably oppressive, into lawlessness and anarchy, inevitably to revolution and war.