Frederic Bastiat
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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

In all the world there is no vice Less prone t' excess than avarice; It neither cares for food nor clothing; Nature's content with little — that with nothing.

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