Frederic Bastiat (1801-1850) was a keen observer of political and economic problems and a passionate proponent of liberal economic theory. This book collects nineteen of Bastiat's articles, ranging from the theory of value and rent, public choice and collective action, government intervention and regulation, the balance of trade, education, and trade unions to price controls, capital and growth, and taxation. Throughout his articles, Bastiat demonstrates how the combination of careful logic, consistency of principle, and clarity of exposition is the instrument for solving most economic and social problems. In his famous essay "The Law" Bastiat explains that the law, far from being what it ought to be, "namely the instrument that enabled the state to protect individuals' rights and property", had become the means for what he termed "spoliation" (or plunder). From the article "The State" written at the height of the 1848 Revolution in June, comes perhaps his best-remembered quotation: "The state is the great fiction by which everyone endeavours to live at the expense of everyone else". In this volume readers will find extensive introductory material, including notes on the translation and on the editions of the uvres completes, a chronology of Bastiat's life and works, two maps of France showing the cities associated with Bastiat, annotations to the articles, and a bibliography. A special section provides charming, little-known anecdotes about Bastiat and his contemporaries, including his editor Prosper Paillottet, who became Bastiat's firm friend and eventually his executor. This section also includes discussions of key concepts such as individualism, laissez-faire, industry, plunder, and the right to work. Three glossaries explain persons, places, and subjects and terms.

"Frédéric Bastiat (1801-1850) dedicated himself completely to his two great passions: liberty and economics. He worked tirelessly, even to his last breath, to persuade anyone who would listen that the two ideas are inseparable. This is the main theme of his life and work. This collection-The Bastiat Collection-is the corpus of his writing gathered together for the first time in English. Bastiat's work has often been appreciated for its undeniable rhetorical power. He wrote to be understood-and to change the world. But neither can the reader overlook its theoretical rigor. It is some of the best economics ever written. Even today, Bastiat's work is the antidote for economic illiteracy. Everyone from the novice to the professional economist will benefit from reading it"--back cover.

Liberty Fund's new six-volume The Collected Works of Frederic Bastiat series, of which "The Man and the Statesman "is the first volume, may be considered the most complete edition of Bastiat's works published to date, in any country, and in any language. The main source for this translation is the seven-volume "Oeuvres completes de Frederic Bastiat," published in the 1850s and 1860s. The present volume, most of which has never before been translated into English, includes Bastiat's complete correspondence: 207 letters Bastiat wrote between 1819, when he was only 18 years old, until just a few days before his untimely death in 1850 at the age of 49. For contemporary classical liberals, Bastiat's correspondence will provide a unique window into a long-forgotten world where opposition to war and colonialism went hand-in-hand with support for free trade and deregulation. Bastiat's numerous letters to Richard Cobden, a Member of Parliament and best known today as the leader of the British Anti-Corn Law League, chronicle the profound effect the Anti-Corn League had on Bastiat. The League's success in mobilizing a popular movement in England to pressure the British government into abolishing the very protectionist "corn laws," in 1846, inspired Bastiat to emulate the League's success in France by starting his own free-trade movement. "The Man and the Statesman "also includes articles and other writings on politics and current events that showcase Bastiat's talent as a theoretician, a pamphleteer, a journalist, and a deputy (Member of Parliament) of the nascent French Second Republic. Together with the correspondence, the writings in this volume fill an important gap in our understanding of the lesser-known Bastiat, who, in just a few short years, made a profound impact on French intellectual and political life in Paris. Forthcoming titles in The Collected Works of Frederic Bastiat series include: ""The Law," "The State," and Other Political Writings, 1843-1850 Economic Sophisms and "What is Seen and What is Not Seen" Miscellaneous Works on Economics: From "Jacques-Bonhomme" to Le Journal des ""economistes Economic Harmonies The Struggle Against Protectionism: The English and French Free-Trade Movements " Frederic Bastiat (1801-1850) was born in the French port city of Bayonne and became one of the leading advocates of free markets and free trade in the mid-nineteenth century. A theorist of classical liberal political economy and an elected member of various French political bodies, he opposed both protectionism and the rise of socialist ideas. Jacques de Guenin is president of the Cercle Frederic Bastiat. He is a graduate of the ecole des Mines in Paris and holds a Master of Sciences from the University of California, Berkeley. Jean-Claude Paul-Dejean is a historian from the University of Bordeaux and a Bastiat scholar. Dennis O'Keeffe is Professor of Social Science at the University of Buckingham, Buckingham, England, and is Senior Research Fellow in Education at the Institute of Economic Affairs, London. David M. Hart received a Ph.D. in history from King's College, Cambridge, and is the Director of Liberty Fund's Online Library of Liberty Project.

Thomas Aquinas's classic Treatise on Divine Law is brought to life in this illuminating line-by-line commentary, which acts as a sequel to Budziszewski's Commentary on Thomas Aquinas's Treatise on Law. In this new work, Budziszewski reinvestigates the theory of divine law in Aquinas's Summa Theologiae, exploring questions concerning faith and reason, natural law and revelation, the organization of human society, and the ultimate destiny of human life. This interdisciplinary text includes thorough explanations, applications to life, and ancillary discussions that open up Aquinas's dense body of work, which tends to demand a great deal from readers. More than a half-century has passed since the last commentary on Thomas Aquinas's view of these matters. Budziszewski fills this gap with his consideration of not only the medieval text under examination, but also its immediate relevance to contemporary thought and issues of the modern world.

"A new history of liberalism which argues that liberalism has been predicated on definite morality and should be viewed as an attempt to encompass both fear and hope. Liberalism, argues Alan Kahan, is the search for a society in which people need not be afraid. Freedom from fear is the most basic freedom. If we are afraid, we are not free. These insights, found in Montesquieu and Judith Shklar, are the foundation of liberalism. What liberals fear has changed over time (revolution, reaction, totalitarianism, religious fanaticism, poverty, and now populism) but the great majority of liberal thinkers have relied on three pillars to ward off their fears and to limit the concentrated power that causes fear: freedom, markets, and morals, or, to put it another way, politics, economics, and religion or morality. Most liberal thinkers emphasize one or two pillars more than another, but it is typical of liberalism down to the Second World War to rely on all three, although there were always minority voices who preferred to stand on only one leg. After WWII, "thin" procedural/market liberals, who wanted to strip any moral or religious basis or purpose from liberalism, dominated "thick" liberal moralists, who thought liberalism needed a moral basis and/or goal. It is the political contention of this book that liberalism is most convincing as program, language, and social analysis when it relies on all three pillars, and that the relative weakness of liberalism at the end of the twentieth century had much to do with neglect of the moral pillar of liberalism. Its historical contention is that for much of the past two centuries it did rely on all three pillars. But Kahan also argues that liberalism is not only a party of fear. It is also a party of hope, or the party of progress. Many of the contradictions typical of liberalism derive from the seemingly contradictory effort to encompass both hope and fear. If in case of conflict fear often trumps hope for liberals (loss aversion applies in politics as much as in economics), and utopia is subject to indefinite postponement, progress in personal autonomy and development has always been at the heart of liberalism. Liberals typically support their hopes on the same three pillars of freedom, markets, and morals which they use to ward off their fears. Nevertheless, in one respect those historians and political theorists who identify liberalism with laissez-faire economics are not wrong. It is characteristic of liberalism then that it bases its hopes not on the state but on civil society, which for liberals is the common source of a free politics, a free market, and of morals. Alan S. Kahan is Professor of History at the Université de Versailles. His previous books include Tocqueville, Democracy, and Religion: Checks and Balances for Democratic Souls (Oxford 2015), Alexis de Tocqueville (Continuum Books) and Mind vs Money: The War Between Intellectuals and Capitalism (Transaction Publishing, 2010)"--

Bastiat's The Law is the classic work which defines the right and just system of laws for a free people, and demonstrates how such laws facilitate a free society.