Frédéric Bastiat
1801 – 1850 · aged 49
French classical liberal theorist, political economist, and member of the French assembly (1801-1850)
- Born
- 30 Jun 1801 · Bayonne
- Died
- 24 Dec 1850 · Rome
Life timeline
Their life from birth to death. On the timeline, world events of the time are shown faintly.
- 30 Jun 1801BornBorn in Bayonne
- 1831 – 1847RoleJustice of the peace
- 1833 – 1850RoleMember of the general council
- 24 Dec 1850DiedDied in Rome
Loading from Wikipedia and Wikidata…
Meanwhile in the world
Major world events during their lifetime (1801 – 1850).
- 1812 – 1815War of 1812
- 1814 – 1815Congress of Vienna
Biography
Claude-Frédéric Bastiat (French: [klod fʁedeʁik bastja]; 30 June 1801 – 24 December 1850) was a French economist, writer, and prominent member of the French liberal school.
A member of the French National Assembly, Bastiat developed the economic concept of opportunity cost and introduced the parable of the broken window. He was described as "the most brilliant economic journalist who ever lived" by economic theorist Joseph Schumpeter.
As an advocate of classical economics and the economics of Adam Smith, his views favored a free market and influenced the Austrian School. He is best known for his book The Law, where he argued that law must protect rights such as private property, not "plunder" others' property.
Text from the Wikipedia article Frédéric Bastiat, CC BY-SA 4.0
About this information
Dates and life events come from this person’s Wikidata entry.
We only show events that the sources give a date for. Anything without a date is left out rather than guessed.