It's exactly what Bastiat was saying when he spoke about the law becoming a perversion of itself.
bastiat
How to use bastiat in a sentence. Live example sentences for bastiat pulled from indexed public discussions.
Editorial note
It's exactly what Bastiat was saying when he spoke about the law becoming a perversion of itself.
Quick take
It's exactly what Bastiat was saying when he spoke about the law becoming a perversion of itself.
Example sentences
A French economist and statesman, Frédéric Bastiat ridiculed government protected industries in the same manner as OP in 1800s.
A great essay That Which is Seen, and That Which is Not Seen [1] by Frederic Bastiat comes to my mind.
I'm also reminded of what Bastiat said about lawful plunder and the perversion of the law: But, generally, the law is made by one man or one class of men.
Frédéric Bastiat wrote about it in 1850 [1].
His Bastiat quote from 1845 about the sun's "unfair trade advantage" over candle-makers is worth reading.
It's the whole Bastiat "That which is seen and unseen" problem of economic manipulation.
This is Bastiat's "what is not seen" - what we have now is good, but perhaps it could be better.
So the biggest costs are probably Bastiat's "unseen" [1] costs.
But what does irk me a bit is: "My major point is so many of us are losing net value in this low interest rate economy." This is a weak form of Bastiat's broken window fallacy in action.
Your comment made me recalled a quote of Frederic Bastiat.
Petition of the Candle Makers Ironically, French economist Frederic Bastiat lampooned protectionism back in 1845 when he penned 'Petition of the Candle Makers', mocking the sun's "unfair trade advantage" over candle-makers.
Quote examples
His Bastiat quote from 1845 about the sun's "unfair trade advantage" over candle-makers is worth reading.
It's the whole Bastiat "That which is seen and unseen" problem of economic manipulation.
This is Bastiat's "what is not seen" - what we have now is good, but perhaps it could be better.
So the biggest costs are probably Bastiat's "unseen" [1] costs.
Proper noun examples
Your comment made me recalled a quote of Frederic Bastiat.
In terms of Bastiat's analogy, it would be as if the shopkeeper hired the glazier to install a new window in what had previously been a blank wall.
Reminds me of Bastiat's 1845 satirical essay styled as a petition from candlemakers to the French Parliament to force people to close their windows so they buy more candles.
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How do you use bastiat in a sentence?
It's exactly what Bastiat was saying when he spoke about the law becoming a perversion of itself.