Economic Sophisms cover

Economic Sophisms

Rating 4.1
Word count
487K words
Chapters
49

Tags

Summary

Project Gutenberg was the first provider of free electronic books, or eBooks. Michael Hart, founder of Project Gutenberg, invented eBooks in 1971 and his memory continues to inspire the creation of eBooks and related technologies today.Economic Sophisms by Frédéric BastiatAuthor: Bastiat, Frédéric, 1801-1850,Language: English, Class: HF: Social sciences: Commerce, Release Date: Nov 10, 2013

Editor's review

Economic Sophisms is a representative collection by the French economist Frédéric Bastiat, dismantling the protectionist arguments of his day with sharp yet accessible prose. Bastiat excels at exposing economic fallacies through fable, satire and logical deduction; his famous analysis of the "seen and unseen" consequences remains a classic thinking tool for understanding opportunity cost and the price of policy. The English translation is brisk and the argumentation tightly paced, making it suitable both as a supplementary reader for introductory economics and for readers interested in public policy debate who wish to experience the argumentative style of classical liberalism. Readers should note that the specific tariff and industry cases reflect nineteenth-century France; the focus should be on his method of analysis rather than on copying his conclusions. Overall, this is a compact but intellectually dense polemical collection, suited to readers willing to think hard and who enjoy logical reasoning.

Who it's for

A good fit for

  • Readers interested in the history of economic thought and classical liberalism
  • Students wishing to train economic logic and critical thinking
  • General readers concerned with trade policy and public debate
  • Readers who enjoy satirical argumentative prose

Not a good fit for

  • Readers looking for systematic economics textbooks or mathematical models
  • Researchers needing contemporary empirical data and policy cases
  • Those with no interest in and no willingness to learn about nineteenth-century Europe

Reading tips

  1. Read essays independently, grasping the thesis first and then examining the chain of argument
  2. Note as you read where your initial intuition differs from Bastiat's conclusion
  3. Consider whether his method still applies to contemporary trade debates
  4. For essays with historical background, check a brief period overview before reading

About the publisher

Project Gutenberg United States · Founded in 1971

Project Gutenberg is a digital publishing project focused on public-domain ebooks. Its publishing direction centers on classic literary works whose copyright has expired, covering genres such as poetry, drama, fiction, and epic. Representative books include Lyrical Ballads by Wordsworth and Coleridge, Proust's Du côté de chez Swann, Shakespeare's Macbeth and The Complete Works of William Shakespeare, Homer's The Iliad, Dante's La Divina Comèdia: Purgatòri, Cervantes's The History of Don Quixote, Volume 2, and Grahame's The Wind in the Willows. Its author resources consist mainly of classic Western writers such as Wordsworth, Proust, Shakespeare, Homer, Dante, Cervantes, Grahame, and Tolstoy. Its publishing feature is the provision of freely accessible ebooks in EPUB and Kindle formats; it is not a traditional publisher, and publicly available information is limited.

Contents

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49

FAQ

Can I understand this book without a background in economics?
Largely yes. Bastiat is known for accessible argument, rarely using mathematics or jargon and relying on logical reasoning. Some essays involve nineteenth-century French tariffs and industry, so brief reference material may help, but the overall barrier is low.
Are the views in this book outdated?
The specific policy cases belong to a nineteenth-century context and should not be applied directly. But Bastiat's method of analyzing fallacies, such as attention to "unseen" costs and opportunity cost, remains a basic tool of economic thinking. The value lies in the method, not the conclusions.
How does this book relate to "What Is Seen and What Is Not Seen"?
Bastiat's core analytical framework of "the seen and the unseen" runs through many of his economic essays. The pieces collected in Economic Sophisms embody this approach and can be seen as one entry point for understanding his style of economic reasoning.

Comments

Find this book

This site is an index: you start “Search all sources” in your browser, and the entries it lists all point to third-party sites; please judge their availability yourself.

About the author

Frédéric Bastiat (1801–1850) was a French economist and political writer known for defending free trade and criticizing protectionism. His writings often dismantle economic fallacies with sharp satire and clear logic: Economic Sophisms and Sophisms of the Protectionists debate tariffs and trade barriers, while What Is Free Trade? sets out the economic principles of free exchange in accessible prose. His work centers on political economy and public policy commentary, written in a lively style rich in analogy, and has been influential in popular economic writing. This collection holds fourteen of his works, including Essays on Political Economy and several volumes of collected writings, which shows the continuing value of his work for Chinese readers. Because public information is limited, biographical details are omitted here.