Frédéric Bastiat

Economist, Politician

1801 – 1850

21

Who was Frédéric Bastiat?

Claude Frédéric Bastiat was a French classical liberal theorist, political economist, and member of the French assembly. He was notable for developing the important economic concept of opportunity cost, and for penning the influential Parable of the Broken Window. His ideas have gone on to provide a foundational basis for libertarian and the Austrian schools of thought.

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Born
Jun 30, 1801
Bayonne
Also known as
  • Frederic Bastiat
  • M. Frederic Bastiat
Religion
  • Catholicism
Nationality
  • France
Profession
Died
Dec 24, 1850
Rome

Submitted
on July 23, 2013

Citation

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