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Subject Area: Economics
Collection: An Introduction to the Study of Liberty - Works to Begin with
Topic: Property
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Politics and Economics - Frédéric Bastiat, The Law [1850]

Edition used:

The Law, trans. Dean Russell, introduction by Walter E. Williams, foreword by Sheldon Richman (Irvington-on-Hudson NY: Foundation for Economic Education, 1998).

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Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


Politics and Economics

[Now let us return to a subject that was briefly discussed in the opening pages of this thesis: the relationship of economics and of politics—political economy.]*

A science of economics must be developed before a science of politics can be logically formulated. Essentially, economics is the science of determining whether the interests of human beings are harmonious or antagonistic. This must be known before a science of politics can be formulated to determine the proper functions of government.

Immediately following the development of a science of economics, and at the very beginning of the formulation of a science of politics, this all-important question must be answered: What is law? What ought it to be? What is its scope; its limits? Logically, at what point do the just powers of the legislator stop?

I do not hesitate to answer: Law is the common force organized to act as an obstacle of injustice. In short, law is justice.

[*]Translator's note: Mr. Bastiat has devoted three other books and several articlesto the development of the ideas contained in the three sentences ofthe following paragraph.