Tag Archives: Frederic Bastiat

Logical Economics

Jean-Baptiste Say, economist and exponent of the attainment of truth through logic and observation
Jean-Baptiste Say, economist and exponent of the attainment of truth through logic and observation

by Kevin Alfred Strom

THE FACT THAT the fetid “economic stimulus” nonsense that continuously emanates from the professional plunderers in Washington is accepted by intelligent people is disturbing to me.

The idea that politicians can actually give us “free” anything — especially “free money” — is a perennial fallacy that would be laughed out of elementary school if real economics were taught to our children, as it should be. The acceptance of that fallacy by the manipulated and ignorant mob will surely deprive us of our freedom — and our children of their rightful inheritance.

The antidote to ignorance is education. For any intelligent child who is approaching the age of reason and who has somehow learned to read well despite the best efforts of the modern “educators,” the great work of the French economist Jean-Baptiste Say, A Treatise on Political Economy, will provide the grounding in economics that he or she needs.

Continue reading Logical Economics