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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. Words you can't use in my sewing room poster. Now consider the following problem: The impetus behind this dynamic was created by the Louis Blanc plan, his plan would be imposed on society; The society we are talking about here is the human race. Therefore, the human race must receive the momentum from Louis Blanc. Then it will be said that the people are free to accept or reject the plan. It is true that people are free to accept or reject the advice of whoever they want. But Louis Blanc doesn't understand the problem this way. He hopes that his plan will become law, and therefore must be imposed on the people by the force of law: In our plan, the state had to pass only the labor law (nothing else?), The advancement of industry could and must take place completely freely by means of that law. . The state simply puts society on an inclinationall that is it?). At that time, society will slide steeply by the force generated by things and by the natural functioning of the established mechanism.



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