Texas Tech University


Publication Date: 1860

"PROSPERITY SPONTANEOUSLY ARISING... FROM FREE AND RECIPROCAL BALANCE. First edition in English, Bastiat, the influential French economist, was instrumental in fighting the spread of socialism after the revolution of 1848. ""After having victoriously refuted the errors of protection and socialism, he thought it was time for him to formulate what he considered the true economic doctrine, and commenced the publication of his Harmonies. In this brilliant work, unhappily never finished, Bastiat shows the contrast between the internal weakness of the artificial organizations which are founded on constraint, and the prosperity spontaneously arising in an economic condition in which the equilibrium of individual and collective forces results from their free and reciprocal balance... Political economy has been indebted to him... for some of its worthiest followers""" #0033






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