Claude-Frédéric Bastiat (; French: [klod fʁedeʁik bastja]; 30 June 1801 – 24 December 1850) was a French economist, writer, and prominent member of the French liberal school.
A member of the French National Assembly, Bastiat developed the economic concept of opportunity cost and introduced the parable of the broken window. He was described as "the most brilliant economic journalist who ever lived" by economic theorist Joseph Schumpeter.
As an advocate of classical economics and the economics of Adam Smith, his views favored a free market and influenced the Austrian School. He is best known for his book The Law, where he argued that law must protect rights such as private property, not "plunder" others' property.
HistoryLayer draws the world as it was in any year from 123,000 BCE to
2026. Move the slider and the borders redraw for that year; the map
carries 23,890 events, 12,790 people, 837 wars and 13,183 cities, each
one readable in place. Signing in is optional and lets you keep what
you find.