Frederic Bastiat was a French economist statesman and author who lived from 1801 to 1850. He wrote most of his works in the years leading up to and following the French Revolution of February 1848. This was the time when France was transitioning to Socialism. Because the same situation was thought to be occurring in America in 1950 when this translation was first published The Law is offered here again. Many Americans in the 1950s found Mr. Bastiat's explanations and arguments against socialism to be equally pertinent.
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