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Quote by Frederic Bastiat

“Nothing is more senseless than to base so many expectations on the state, that is, to assume the existence of collective wisdom and foresight after taking for granted the existence of individual imbecility and improvidence.”

Quote by Frederic Bastiat

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Frederic Bastiat
Frederic Bastiat

French economist and a prominent figure in the classical liberal tradition. Born on June 30, 1801, and died on December 24, 1850. His writings had a profound impact on economics and political philosophy. more

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