❰PDF / Epub❯ ☉ That Which Is Seen and That Which Is Not Seen: The Unintended Consequences of Government Spending Author Frédéric Bastiat – Saudionline.co.uk

That Which Is Seen and That Which Is Not Seen: The Unintended Consequences of Government Spending quotes That Which Is Seen and That Which Is Not Seen: The Unintended Consequences of Government Spending, litcharts That Which Is Seen and That Which Is Not Seen: The Unintended Consequences of Government Spending, symbolism That Which Is Seen and That Which Is Not Seen: The Unintended Consequences of Government Spending, summary shmoop That Which Is Seen and That Which Is Not Seen: The Unintended Consequences of Government Spending, That Which Is Seen and That Which Is Not Seen: The Unintended Consequences of Government Spending a641abfc Il Est Des Fran Ais G Niaux Qui B N Ficient D Une R Putation Internationale Alors Qu On Ne Cite Quasiment Jamais Leurs Noms En FranceFr D Ric Bastiat, Le Pape Du Lib Ralisme, Est De Ceux L , Qui Souffre Probablement De La Trop Grande Clart De Ses Crits Peut Tre Pr F Re T On, En France, Se Perdre Dans Des Conversations Ou Des Discussions Sans Fin Plut T Que Se R F Rer Simplement Des Th Ses Lumineuses Et PragmatiquesA Une Poque O L On Ne Peut S Affirmer Lib Ral Sans Se Voir Traiter Aussit T D Ultra , Il Nous A Paru Important De R Habiliter La Pens E De Fr D Ric Bastiat Qui D Fend La Libert De L Individu Face Toute AutoritIl Crit EnIl Y A Trop De Grands Hommes Dans Le Monde Il Y A Trop De L Gislateurs, D Organisateurs, D Instituteurs De Soci T S, De Conducteurs De Peuples, De P Res Des Nations, Etc Trop De Gens Se Placent Au Dessus De L Humanit Pour La R Genter, Trop De Gens Font M Tier De S Occuper D Elle Et Ajoute L Tat, C Est La Grande Fiction Travers Laquelle Tout Le Monde S Efforce De Vivre Aux D Pens De Tout Le Monde Fr D Ric Bastiat Nous Rappelle Que La Pens E Lib Rale, Si Elle Est Videmment Conomique, Est Galement Une Pens E Philosophique, Juridique Et Politique De La Lib Ration De L HommeMais L Homme Occidental Moderne Est Il Vraiment Jaloux De Sa Libert

10 thoughts on “That Which Is Seen and That Which Is Not Seen: The Unintended Consequences of Government Spending

  1. says:

    Frederic Bastiat is one of my heroes When France, just out of anarchy, was testing new governments and leaning towards socialism, he bravely stood up and tried to warn them of the dangers and sophistic reasoning of such a government type What is seen is so perfect to help you understand the failure of government subsidized farms, business, and even art It explains how free enterprise becomes horribly shackled by government subsidies which actually limits an individual s spending saving power though sophists of socialistic programs tend to persuade people to forfeit these freedoms.

  2. says:

    That Which is Seen, and That Which is Not Seen accentuates the unanticipated consequences of government spending where Bastiat distinguishes between what is seen and unseen.Excessive government spending is typically viewed only as prosperous, for the only perception is beneficial where the positives are seen while the unseen is forgotten or unnoticed Basically, the seen and unseen ramifications fundamentally can be described as opportunity costs nobody thinks about what they are foregoing in option B for A or even what harm option A caused or what good it prevented The unseen is ignored because at the time in making a decision, government spending was the most valued alternative because government spending is viewed with no negative effects where only benefits exist therefore, it is always praised for flawless economic planning, so nobody then realizes what was missed in alternative options.Bastiat was a brilliant economist and philosopher as well as a staunch advocate for liberty, for he was clearly well ahead of his time Even though his treatise on government spending was written in 1850, unfortunately, the seen and unseen in government spending still plagues economic thought even today Bastiat created the foundations for libertarian and Austrian schools of thought.

  3. says:

    I wish someone would have offered me this book before my degree.It would have saved me a lot of trouble

  4. says:

    Truly a brilliant work Written over 165 years ago and so applicable and relevant to today s economy and political situation Understanding that this is an English translation of a French work written and translated with somewhat archaic terms, it is still very clear and understandable Bastiat makes all his points with sound reasoning and clear logical defense in the most succinct way The book is a quick read and would benefit anyone who wants to better understand government, political economy and the choices and necessary consequences of various programs Next to The Law by the same author, this must be one of my all time favorites it should be re read on a regular basis This public domain work is available for free in various forms, making it an effortless addition to anyone s library Electronic versions are available as part of a Bastiat collection from Gutenberg.org as Essays on Political Economy It is also available as a free PDF and eBook format from Mises.org as The Bastiat Collection Finally, audiobook versions are available for free downloads from Mises.org and Libravox.org.

  5. says:

    It is amazing how much this book only 46 pages can be applied TODAY Mr Bastiat was a native of France who lived from 1801 1850 Everyone should read this EVERYONE He speaks on the disbanding of troops, taxes, theatres, fine arts, public works, the credit, frugality and luxury ect Some favorite quotes, Your arguments are fashionable enough, but they are too absurd to be justfied by anything like reason Don t you love that Love it Other phrases quotes I liked But let us get to the root of the matter We are deceived by money pretend reformer , ignorance proclaiming itself infallible , injustice perpetrated by the law , no good can come from legal or illegal plunder , to take by violence is not to produce but to destroy , on a wrong road, inconsistency is inevitable , In every public expense, behind the apparent benefit, there is an evil which is not so easy to discern it almost always happens that when the immediate consequence is favourable, the ultimate consequences are fatal, and the converse.

  6. says:

    This was a really interesting economic exploration by Fr d ric Bastiat, a French economist, writer and a member of the French National Assembly He is famous for developing the economic concept of opportunity cost, but not as famous for his emphasis on morality and time in the context of economy, which this text explores.Full text in English Hence it follows that the bad economist pursues a small present good, which will be followed by a great evil to come, while the true economist pursues a great good to come at the risk of a small present evil The only object I have in view is to make it evident to the reader, that in every public expense, behind the apparent benefit, there is an evil which it is not so easy to discern As far as in me lies, I would make him form a habit of seeing both, and taking account of both Art of War Who has calculated with so much precision how much trade would gain by the burning of Paris, from the number of houses it would be necessary to rebuild What you do not see is this You do not see that to dismiss a hundred thousand soldiers is not to do away with a million of money, but to return it to the tax payers The result is a dead loss to the nation It may be said, in favor of the system of voting supplies for this purpose, that the arts enlarge, elevate, and harmonize the soul of a nation that they divert it from too great an absorption in material occupations, encourage in it a love for the beautiful, and thus act favourably on its manners, customs, morals, and even on its industry Invention A curse on machines Every year, their increasing power devotes millions of workmen to pauperism, by depriving them of work, and therefore of wages and bread A curse on machines This is the cry which is raised by vulgar prejudice, and echoed in the journals But to curse machines, is to curse the spirit of humanity Morality This phenomenon leads to false reasoning It causes nations to consider their moral and their material interests as contradictory to each other What can be discouraging, or dismal How far superior is it, if, instead of confining our thoughts to the present moment, we let them embrace a longer period The providential event appears after the human event God rises up behind men Deny, if you will, the supreme counsel disown its action dispute about words designate, by the term, force of circumstances, or reason, what the vulgar call Providence but look to the end of an accomplished fact, and you will see that it has always produced the contrary of what was expected from it, if it was not established at first upon morality and justice.

  7. says:

    A great explanation of how a free market is effective, efficient, and just than government attempts to protect jobs This should be required reading in high school, and Bastiat s The Law in college The public would no longer be duped into believing that the economy is stimulated by destroying property ie, Broken Window Fallacy, e.g Cash for Clunkers , by providing subsidies for certain industries farming, green energy , or through tariffs on foreign goods.

  8. says:

    The content of this book is great Bastiat is a great writer and economist The biggest quarrel with this book is that it s extremely repetitive You have it figured out within the first two or three chapters The content of this book, however, is EXTREMELY important and valuable This is a good book to give to people who are interested in delving out of mainstream economics or making the people who are interested in mainstream economics a little bit weary of everything they ve been taught Bastiat makes a very compelling, logical, and reasonable case for these counterintuitive cases I recommend Bastiat to just about anyone and I would this book to them, too Simply because the information in it is crucial to understand.

  9. says:

    Two very different masters teach him this lesson experience and foresight Experience teaches efficaciously but brutally It instructs us in all the effects of an act by making us feel them, and we cannot fail to learn eventually, from having been burned ourselves, that fire burns I should prefer, in so far as possible, to replace this rude teacherwith one gentle foresight For that reason I shall investigate the consequences ofseveral economic phenomena, contrasting those that are seen with those that are notseen.

  10. says:

    This is great stuff I love the clarity of thought I love encountering book written long ago that remains relevant today.

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