Quotation of the Day

Frédéric Bastiat

“Bastiat believed that all human beings possessed the God-given, natural rights of “individuality, liberty, property.”  “This is man,” he wrote.  “These three gifts from God precede all human legislation.”  But even in his time―writing in the late 1840s―Bastiat was alarmed over how the law had been “perverted” into an instrument of what he called legal plunder.  Far from protecting individual rights, the law was increasingly used to deprive one group of citizens of those rights for the benefit of another group, and especially for the benefit of the state itself.  He condemned the legal plunder of protectionist tariffs, government subsidies of all kinds, progressive taxation, public schools, government “jobs” programs, minimum wage laws, welfare, usury laws, and more.” ― The Law, by Frédéric Bastiat, Copyright © 2007 by the Ludwig von Mises Institute, Auburn, Alabama (www.mises.org), Page VI.

About Michael

Retired military officer; retired Air Force civil servant; retired executive, DS Information Systems Corporation; writer; researcher; reader and avid yachtsman.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.