Recommended Reading

The Law  by Frederic Bastiat
 
The Law was originally published in French in 1850 by Frederic Bastiat. It was written two years after the third French Revolution of 1848 and a few months before his death of tuberculosis at age 49. It is the work for which Bastiat is most famous. This translation to American English is from 1874.

When a reviewer wishes to give special recognition to a book, he predicts that it will still be read "a hundred years from now." The Law, first published as a pamphlet in June, 1850, is already more than a hundred years old. And because its truths are eternal, it will still be read when another century has passed. Frederic Bastiat (1801-1850) was a French economist, statesman, and author. He did most of his writing during the years just before — and immediately following — the Revolution of February 1848. This was the period when France was rapidly turning to complete socialism. As a Deputy to the Legislative Assembly, Mr. Bastiat was studying and explaining each socialist fallacy as it appeared. And he explained how socialism must inevitably degenerate into communism. But most of his countrymen chose to ignore his logic. The Law is here presented again because the same situation exists in America today as in the France of 1848. The same socialist-communist ideas and plans that were then adopted in France are now sweeping America. The explanations and arguments then advanced against socialism by Mr. Bastiat are — word for word — equally valid today. His ideas deserve a serious hearing.

 

 
 
 
 
Dollars and Sense:
How State and Local Governments in Michigan Spend Your Money
 
2011 Citizen's Guide to Michigan's Financial Health
 
Presented by Governor Rick Snyder
 
 
 
 
 

 
 
 
Not Yours to Give
 
Davy Crockett's Lesson in the Proper Use of Public Funds