Free Republic

ECONOMIC CLASSICS Economic Sophisms by Frederic Bastiat (Economic Classics No. 3 -- July 1995)    This economic classic is intended to inform Members and staff about the early economic wisdom of Frederic Bastiat. Bastiat was widely known for his wit and logic. His chief method of argument was the method of exaggeration. This piece focuses on increasing economic prosperity by decreasing the government's involvement.Planned Chaos by Ludwig von Mises (Economic Classics No. 2 -- January 31, 1995)    It is remarkable that in the face of all available evidence, many Americans, especially "opinion makers," remain wedded to the "interventionist" school of...