Frederic Bastiat Quote


Frederic Bastiat
Picture Source: Wikimedia Commons
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Born: June 30, 1801

Died: December 24, 1850 (aged 49)

Nationality: French

Occupation: Economist

Bio: Claude Frédéric Bastiat was a French classical liberal theorist, political economist, and member of the French assembly. He was notable for developing the important economic concept of opportunity cost.

Quote of the day

That men do not learn very much from the lessons of history is the most important of all the lessons that history has to teach.

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