Life, Liberty, and Property

Thoughts on a Free Market Economy… “Life, Liberty, and Property” By Phyllis Hunsinger July 1, 2019 Claude Frederic Bastiat was a French economist, legislator, and writer in the first part of the nineteenth century who championed private property, free markets, and limited government. His most famous work is The Law, which is the classic blueprint […]

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“The Broken Window Fallacy”

Thoughts on a Free Market Economy… “The Broken Window Fallacy” By Phyllis Hunsinger June 1, 2019 The broken window fallacy was first expressed by the great French economist, Frederic Bastiat, born June 29, 1801, and died Decembeer 24, 1850. Bastiat used the parable of a broken window to demonstrate why destruction does not benefit the […]

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