monopoly, like every other system of injustice, carries in itself its own punishment. - Frédéric Bastiat

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monopoly, like every other system of injustice, carries in itself its own punishment.

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About Frédéric Bastiat

Frédéric Bastiat (30 June 1801 – 24 December 1850) was an early free-market economist and classical liberal French author.

Biography information from Wikiquote

Also Known As

Alternative Names: Claude Frédéric Bastiat Frederic Bastiat
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Additional quotes by Frédéric Bastiat

This line of reasoning brings us to a challenging question: If people are as incapable, as immoral, and as ignorant as the politicians indicate, then why is the right of these same people to vote defended with such passionate insistence?

We now observe this fatal idea: The people who, during the election, were so wise, so moral, and so perfect, now have no tendencies whatever; or if they have any, they are tendencies that lead downward into degradation.

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We cannot wonder enough at the facility with which men resign themselves to continue ignorant of what it is most important that they should know; and we may be certain that such ignorance is incorrigible in those who venture to proclaim this axiom: There are no absolute principles.

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