{"product_id":"economic-sophisms-and-what-is-seen-and-what-is-not-seen-9780865978881","title":"Economic Sophisms and \"What Is Seen and What Is Not Seen\"","description":"\u003cp\u003eThis volume, the third in our Collected Works of Fr d ric Bastiat, includes two of Bastiat's best-known works, the collected \u003cem\u003eEconomic Sophisms\u003c\/em\u003e and the pamphlet \u003cem\u003eWhat Is Seen and What Is Not Seen.\u003c\/em\u003e We are publishing here for the first time in English the Third Series of \u003cem\u003eEconomic Sophisms, \u003c\/em\u003e which Bastiat had planned but died before he could complete the project.\u003c\/p\u003e \u003cp\u003eBoth \u003cstrong\u003e\u003cem\u003eEconomic Sophisms\u003c\/em\u003e\u003c\/strong\u003e and \u003cstrong\u003e\u003cem\u003eWhat Is Seen and What Is Not Seen\u003c\/em\u003e\u003c\/strong\u003e share similar stylistic features and were written with much the same purpose in mind, to disabuse people of misperceptions they might have had about the benefits of free trade and free markets. Throughout the book, Bastiat's clever and witty arguments against tariff protection and subsidies to domestic industry are timeless, as governments and vested-interest groups are still advocating the same policies 160 years after Bastiat wrote.\u003c\/p\u003e \u003cp\u003eFr d ric Bastiat was born in 1801, and during his short life (he died in Rome, on Christmas Eve, in 1850) he was witness to many historic events, such as the victory of Richard Cobden's free-trade Anti-Corn Law League in 1846, the rise of socialism, the 1848 Revolution, and the rise of Louis Napol on to the presidency of the Second Republic. Many of these events affected his ideas and became targets of his writings. In his final work, \u003cem\u003eWhat Is Seen and What Is Not Seen, \u003c\/em\u003e completed only months before his death, he provides one of his keenest economic insights, that, although there are obvious beneficial effects of government interventions at first, that is, the \"seen,\" there are also the \"unseen\" consequences, for example, in the form of opportunity costs that are ignored but that often have deleterious economic effects. He makes this case most eloquently in the form of a parable in the opening chapter, \"The Broken Window.\"\u003c\/p\u003e \u003cp\u003eTo accompany Bastiat's original works, we have provided detailed and comprehensive explanatory footnotes, glossaries, and appendixes. Bastiat refers to dozens of other writers and politicians and is critical of French government policies regarding taxation, tariffs, and subsidies to business. The glossary of authors and politicians provides detailed information about the individuals Bastiat mentions in his essays, the views they held, the books they published, and the laws that the French state enacted in order to maintain the system of protection and subsidies that Bastiat and the other free-market economists so strenuously opposed. This collection of supplementary material allows us a better understanding of the community of economists and politicians of which Bastiat was a part in the late 1840s.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eJacques de Guenin\u003c\/strong\u003e founded the Cercle Fr d ric Bastiat in 1990. He had degrees in science from the University of Paris and from the University of California, Berkeley, and was the author of \u003cem\u003eThe Logic of Classical Liberalism.\u003c\/em\u003e\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eDennis O'Keeffe\u003c\/strong\u003e was Professor of Social Science at the University of Buckingham and Senior Research Fellow in Education at the Institute of Economic Affairs, London.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eJean-Claude Paul-Dejean\u003c\/strong\u003e is a Bastiat scholar and a historian at the University of Bordeaux.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eDavid M. Hart\u003c\/strong\u003e has a Ph.D. in history from King's College, Cambridge, and is the Director of Liberty Fund's Online Library of Liberty.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=AUTH-13290291\"\u003eFrédéric Bastiat\u003c\/a\u003e\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Liberty Fund\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 03\/02\/2017\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 728\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 2.50lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 5.90w x 1.50d\u003cbr\u003e\u003cb\u003eISBN13:\u003c\/b\u003e 9780865978881\u003cbr\u003e\u003cb\u003eISBN10:\u003c\/b\u003e 0865978883\u003cbr\u003e\u003cb\u003eBISAC Categories:\u003c\/b\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS069030\"\u003eEconomics | Theory\u003c\/a\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS029000\"\u003eFree Enterprise \u0026amp; Capitalism\u003c\/a\u003e\u003cbr\u003e","brand":"Liberty Fund","offers":[{"title":"Default Title","offer_id":44702895276269,"sku":"9780865978881","price":16.92,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0550\/8097\/6621\/products\/img_b9eef722-9d77-42e0-9319-2ed79dedef12.jpg?v=1703894089","url":"https:\/\/sureshotbooks.com\/products\/economic-sophisms-and-what-is-seen-and-what-is-not-seen-9780865978881","provider":"SureShot Books Publishing LLC","version":"1.0","type":"link"}