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Frédéric Bastiat
French classical liberal theorist and assembly member (1801 – 1850)
"Bastiat" redirects here. For the rugby union player, see Jean-Pierre Bastiat.
Frédéric Bastiat | |
|---|---|
| In office 1848 – 24 December 1850 | |
| Born | Claude-Frédéric Bastiat (1801-06-30)30 June 1801 Bayonne, France |
| Died | 24 December 1850(1850-12-24) (aged 49) Rome, Papal States |
| School or tradition | French liberal school |
| Influences | Cobden, Dunoyer, Say, Hume, Gibbon, Voltaire, Rousseau, Smith, Turgot |
| Contributions | Legal plunder Parable of the broken window The Law |
Claude-Frédéric Bastiat (; French:[klodfʁedeʁikbastja]; 30 June 1801 – 24 December 1850) was a French economist, writer and a prominent member of the French liberal school.[1]
A member of the French National Assembly, Bastiat developed the economic concept of opportunity cost and introduced the parable of the broken window.[2] He was described as "