Audio Book: The Law, Federic Bastiat

Posted by Publius Right on Jul 4 2009 Filed under Newsstand. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Only 107 pages as a PDF, the audio book is well-worth your time. Here’s the audio link – two ZIP files presented in three-minute tracks.

Bastiat defines two forms of plunder: “stupid greed and false philanthropy.” Stupid greed is “protective tariffs, subsidies, guaranteed profits” and false philanthropy is “guaranteed jobs, relief and welfare schemes, public education, progressive taxation, free credit, and public works”. Monopolism and Socialism are legalized plunder which Bastiat emphasizes is legal but not legitimate.

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