Frederic Bastiat on the Suppression of Industrial Combination (Illustrated) by Frederic Bastiat

Frederic Bastiat on the Suppression of Industrial Combination (Illustrated)

byFrederic Bastiat

Kobo ebook | October 24, 2014

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Frederic Bastiat was a French political economist, statesman, classical liberal theorist, and the French Assembly. He coined the important economic concept of opportunity cost. His ideas have become the foundation for libertarian and the Austrian schools of thought.

Most of Bastiat’s political writings were done during the years just before and immediately after the Revolution of February 1848 when France was rapidly turning to complete socialism. As a Deputy to the Legislative Assembly, Bastiat explained each socialist fallacy as it appeared and how socialism must inevitably degenerate into communism that it must fail.

Bastiat was not only firm support of free trade but also a deep thinker of free trade system from the perspectives of economics, law, communism, mergers and acquisitions, and education. In this essay, Speech on the Suppression of Industrial Combinations, Mr. Bastiat shared his thoughts about mergers and acquisitions at his time and strongly criticized the familiar argument of anti-M&A such as “it produces consequences that are harmful to the worker, to the employer, and to the whole of society."

Bastiat’s reasoning still remains as relevant today as it was then.   This essay is one of the most important essays about the deepest thoughts of anti-trust and M&A by Frederic Bastiat, one of the greatest thinkers of political economics on the planet. The Essay is already read more than a hundred years and it will still be read for another century due to its truths.

Title:Frederic Bastiat on the Suppression of Industrial Combination (Illustrated)Format:Kobo ebookPublished:October 24, 2014Publisher:AS TeamLanguage:English

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