A stunning treaty on “What is Money” by Frederick Bastiat. From wikipedia: “Bastiat was the author of many works on economics and political economy, generally characterized by their clear organization, forceful argumentation, and acerbic wit. Economist Murray Rothbard wrote that “Bastiat was indeed a lucid and superb writer, whose brilliant and witty essays and fables to this day are remarkable and devastating demolitions of protectionism and of all forms of government subsidy and control. He was a truly scintillating advocate of an untrammeled free market.” Among his better known works is Economic Sophisms, which contains many strongly worded attacks on statist policies. Bastiat wrote it while living in England to advise the shapers of the French Republic on pitfalls to avoid.
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