Advertisement

The Quarterly Journal of Austrian Economics

, Volume 4, Issue 4, pp 55–70 | Cite as

Bastiat’s legacy in economics

  • Jörg Guido Hülsmann
Articles

Conclusion

We have discussed four areas in which Frédéric Bastiat has made important contributions to economic theory. These contributions have had lasting value and are liable to enrich current research in the Austrian tradition. Bastiat’s great themes-harmony rather than equilibrium, property versus spoliation, and property and value-have been almost completely neglected in professional economic science during the unfortunate twentieth century. It is therefore time to return to the works of this genius and to build on some of the foundations he has laid.

Keywords

Political Economy Quarterly Journal Private Property Free Market Market Exchange 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Backhouse, Roger. 1985.A History of Modern Economic Analysis. Oxford: Basil Blackwell.Google Scholar
  2. Bastiat, Frédéric. 1851.Harmonies économiques. 2nd ed. Paris: Guillaumin.Google Scholar
  3. ——. 1964a.Selected Essays on Political Economy. New York: Van Nostrand.Google Scholar
  4. ——. 1964b.Economic Sophisms. New York: Van Nostrand.Google Scholar
  5. ——. 1964c.Economic Harmonies. New York: Van Nostrand.Google Scholar
  6. ——. 1983.Œuvres économiques. Paris: Presses Universitaires de France.Google Scholar
  7. ——. 1996.The Law. Irvington-on-Hudson, N.Y.: Foundation for Economic Education.Google Scholar
  8. ——. 2001.Ce qu’on voit et ce qu’on ne voit pas. Choix de Sophismes et de Pamphlets économiques. 2nd ed. Paris: Romillat.Google Scholar
  9. Bidet, F. 1906.F. Bastiat, l’homme, l’économiste. Paris: Giard et Brière.Google Scholar
  10. Blaug, Mark. 1986a.Great Economists Before Keynes. Cambridge, U.K.: Cambridge University Press.Google Scholar
  11. ——, ed. 1986b.Who’s Who in Economics. Brighton, U.K.: Wheatsheaf Books.Google Scholar
  12. ——. 1997.Economic Theory in Retrospect. 5th ed. Cambridge, U.K.: Cambridge University Press.Google Scholar
  13. Bramoullé, Gérard. 2001. “Frédéric Bastiat: Praxeologist Theoretician.”Journal des économistes et des études humaines 11 (2/3): 361–372.Google Scholar
  14. Cairnes, John E. [1873] 1965. “Bastiat.”Essays on Political Economy. Reprint. New York: Augustus M. Kelley. Pp. 313–44.Google Scholar
  15. Carey, Henry Charles. [1837] 1965.Principles of Political Economy. Vol. 1.The Laws of the Production and Distribution of Wealth. Reprint. New York: Augustus M. Kelley.Google Scholar
  16. Comte, Charles. 1834.Traité de la propriété. 2 Vols. Paris: Chamerot, Ducollet.Google Scholar
  17. Courcelle Seneuil, J.G. [1857] 1867.Traité d’économie politique. Vol. 1. 2nd ed. Paris: Amyot.Google Scholar
  18. DiLorenzo, Thomas J. 1999. “Frédéric Bastiat: Between the French and Marginalist Revolutions.” In15 Great Austrian Economists. Randall G. Holcombe, ed. Auburn, Ala.: Mises Institute.Google Scholar
  19. Ekelund, Robert B., and Robert F. Hébert. 1990.A History of Economic Theory and Method. 3rd ed. New York: McGraw-Hill.Google Scholar
  20. Faucher, Léon. 1851. “Propriété.”Dictionnaire de l’économie politique. Coquelin and Guillaumin, eds. Vol. 2. Paris: Guillaumin. Pp. 460–73.Google Scholar
  21. Fontenay, Roger de. 1881. “Notice sur la vie et les écrits de Frédéric Bastiat.” F. Bastiat.Œuvres completes. Vol. 1: 9–52. Paris: Guillaumin. Reprinted in Bastiat (1983, pp. 25–47; 2001, pp. 31–57).Google Scholar
  22. Garello, Jacques. 2001. “To Err is Human: Bastiat on Value and Progress.”Journal des économistes et des études humaines 11 (2/3): 373–86.Google Scholar
  23. Gonnard, René. 1941.Histoire des doctrines économiques. Paris: LADJ.Google Scholar
  24. Hayek, F.A. 1964. “Introduction.” F. Bastiat.Selected Essays on Political Economy. New York: Van Nostrand. Pp. ix-xii.Google Scholar
  25. Hoppe, Hans-Hermann. 1989.Theory of Socialism and Capitalism. Boston: Kluwer.Google Scholar
  26. ——. 1993.The Economics and Ethics of Private Property. Boston: Kluwer.Google Scholar
  27. Hülsmann, Jörg Guido. 2000a. “A Realist Approach to Equilibrium Economics.”Quarterly Journal of Austrian Economics 3(4): 3–51.CrossRefGoogle Scholar
  28. ——. 2000b. “Bastiat, Frédéric (1801–1850).” Unpublished manuscript. Forthcoming inEncyclopedia of Libertarianism. Schultz, ed. Washington, D.C.: Cato Institute.Google Scholar
  29. --. 2001. “Fact and Counterfactuals in Economic Law.” Unpublished manuscript.Google Scholar
  30. Ikeda, Sanford. 1997.The Dynamics of the Mixed Economy. London: Routledge.Google Scholar
  31. Jevons, William Stanley. [1882] 1968.The State in Relation to Labour. New York: Kelley.Google Scholar
  32. Kirzner, Israel M. 1987. “Economic Harmony.”The New Palgrave: A Dictionary of Economics. London: Macmillan.Google Scholar
  33. Lane, Georges. 2001. “Bastiat, l’aversion pour l’incertitude et la loi d’association.”Journal des économistes et des études humaines 11 (2/3): 415–50.Google Scholar
  34. Liggio, Leonard. 1977. “Charles Dunoyer and French Classical Liberalism.”Journal of Libertarian Studies 1(3): 153–78.Google Scholar
  35. Mises, Ludwig von. [1949] 1998.Human Action: A Treatise on Economics. Scholar’s Edition. Auburn, Ala.: Mises Institute.Google Scholar
  36. ———. [1927] 1985.Liberalism. 3rd ed. Irvington-on-Hudson, N.Y.: Foundation for Economic Education.Google Scholar
  37. ——. [1929] 1977.Critique of Interventionism. New York: Arlington House.Google Scholar
  38. Molinari, Gustave de. 1849.Les Soirées de la rue Saint-Lazare. Paris: Guillaumin.Google Scholar
  39. --. 1851. “Biographie de F. Bastiat.”Journal des économistes 28 (February): 180ff.Google Scholar
  40. Niehans, Jürg. 19990.A History of Economic Theory: Classic Contributions, 1729–1890. Baltimore: The Johns Hopkins University Press.Google Scholar
  41. Nouvion, G. de. 1905.Fédéric Bastiat. Sa vie, son œuvre, ses doctrines. Paris.Google Scholar
  42. Paillottet, Prosper. 1851. “Bastiat.”Dictionnaire de l’économie politique. Vol. 1. Coquelin and Guillaumin, eds. Paris: Guillaumin. Pp. 145–46.Google Scholar
  43. Paul-Dejean, Jean-Claude. 1997.Les années de formation de Frédéric Bastiat (1801–1844). Paris: Institut Euro 92.Google Scholar
  44. Pellissier-Tanon, Arnaud. 2001. “The Labor Theory of Value and Social Justice. The Teachings of Social Catholic Criticisms of Bastiat’s Doctrine.”Journal des Economistes et des étides humaines 11(2/3): 295–309.Google Scholar
  45. Pribram, Karl. 1983.A History of Economic Reasoning. Baltimore: The Johns Hopkins University Press.Google Scholar
  46. Raico, Ralph. 1977. “Classical Liberal Exploitation Theory: A Comment on Professor Liggio’s Paper.”Journal of Libertarian Studies 1 (3): 179–83.Google Scholar
  47. Roche, George Charles III. 1971.Frédéric Bastiat-A Man Alone. New Rochelle, N.Y.: Arlington House.Google Scholar
  48. Rothbard, Murray N. 1993.Man, Economy, and State. 3rd ed. Auburn, Ala.: Mises Institute.Google Scholar
  49. —— 1995.Classical Economics. Cheltenham, U.K.: Edward Elgar.Google Scholar
  50. Rougier, Louis. 1938.Les mystiques économiques. Paris: Librairie de Médicis.Google Scholar
  51. Russell, Dean. 1969.Frédéric Bastiat: Ideas and Influence. Irvington-on-Hudson, N.Y.: Foundation for Economic Education.Google Scholar
  52. Salerno, Joseph T. 1988. “The Neglect of the French Liberal School in Anglo-American Economics: A Critique of Received Explanations.”Review of Austrian Economics 2:113–56.CrossRefGoogle Scholar
  53. —— 2001. “The Neglect of Bastiat’s School by English-Speaking Economists: A Puzzle Resolved.”Journal des économistes et des études humaines 11 (2/3): 451–95.Google Scholar
  54. Schumpeter, Joseph A. 1954.History of Economic Analysis. New York: Oxford University Press.Google Scholar
  55. Stiebler, Reinhard. 1999. “A Pre-History of Misesian Calculation: The contribution of Adolphe Thiers.”Quarterly Journal of Austrian Economics 2 (4): 41–47.CrossRefGoogle Scholar
  56. Thiers, Adolphe. 1848.De la propriété. Paris: Paulin, Lheureux.Google Scholar
  57. Thornton, Mark. 2001. “Frédéric Bastiat as an Austrian Economist.”Journal des économistes et des études humaines 11 (2/3): 387–98.Google Scholar
  58. Weinburg, Mark. 1978. “Social Analysis of Three Early 19th Century French Liberals: Say, Comte, and Dunoyer.”Journal of Libertarian Studies 2(1): 45–63.Google Scholar
  59. Wolowski, Léon, and Levasseur, Émile. 1884. “Property.”Lalor’s Cyclopedia of Political Science, etc. Vol. 3. Chicago: M.B. Cary.Google Scholar

Copyright information

© Springer 2001

Authors and Affiliations

  • Jörg Guido Hülsmann
    • 1
  1. 1.Mises InstituteUSA

Personalised recommendations