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Economic Myths. and Selected Essays on Political Economy [17] (roughly translated: Selected Essays on Political Economy). During his later years, Bastiat spent part of his time. For a work on social philosophy and the principles of economics, published under the title Economic Harmonies [18] (roughly translated: Economic harmony). Henry Hazlitt was right to emphasize that the most important ideas in many of Bastiat's writings are embodied in an essay titled "What Is Seen and What Is Not Seen", that was the last work he wrote before his death [19]. He pointed out that the short-term effect of any action or policy is often very different from the long-term consequences, and that, in fact, those far-reaching consequences do may be the opposite of what was originally planned or hoped for. Bastiat can apply the principles of sight and invisible to government taxes and business. When the government levies taxes, what is seen is the workers getting jobs and the result of their labor: a road, a bridge or a canal built. What is invisible is all that can be produced if people do not collect taxes from private sector workers and if resources and labor working for the government are free to serve needs. of the other citizens. Government can do nothing without taking the resources and labor that the private sector is using, Bastiat explained. Archery Archers it's not about being better than someone else poster. The courage embodied in Greek institutions has been repeated over and over again in the degrading and corrupt conditions of our time. An honest legislator unintentionally forged a people in which integrity seemed as natural as courage of the Spartans. Mr. William Penn, for example, is a true Lycurgus. Although Penn considered peace his object - while the Lycurgus saw war as the object, they were similar in that their moral prestige was higher than the liberals, enabling them to transcend liberals. prejudice, to conquer passions and lead the people of our country into new paths. Paraguay gives us another example [of a people forged by their legislators for their own benefit [27]].



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