Frédéric Bastiat as an Austrian Economist
Bastiat is widely acknowledged as the most effective advocate of free markets, but his status as an economist is widely denied even by prominent Austrian economists who share his literary style and support for liberty. In particular, his theories of value and exchange have been attacked as a labor theory of value. Bastiat is exonerated here from these charges and is shown to fully oppose objective theories of value and to fully endorse the gains from free exchange. In addition, Bastiat viewed economics as a science based on deductive reasoning and he vehemently opposed the use of mathematics. He thus was an important precursor of the Austrian school of economics.Bastiat est très reconnu comme étant le défenseur le plus éloquent du libre marché. Cependant, son statut en tant quéconomiste est amplement nié, et ce, même par les économistes Autrichiens éminents qui sont en accord avec son style littéraire et sa défense de la liberté. En particulier, ses théories de la valeur et de léchange, considérées comme participant de la théorie de la valeur-travail, ont fait lobjet de critiques. Cet article exonère Bastiat de ces critiques et démontre que ses théories sopposent radicalement aux théories objectives de la valeur : Bastiat avait une compréhension parfaite des gains découlant des échanges libres. De plus, Bastiat envisageait léconomie comme une science reposant sur un raisonnement déductif et sopposait résolument à lemploi des mathématiques. En ce sens, il était un précurseur important de lécole Autrichienne déconomie.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 11 (2001)
Issue (Month): 2 (June)
|Contact details of provider:|| Web page: https://www.degruyter.com|
|Order Information:||Web: https://www.degruyter.com/view/j/jeeh|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Lowell Gallaway & Richard Vedder, 1989. "The Tullock-Bastiat hypothesis and Rawlsian distribution strategies," Public Choice, Springer, vol. 61(2), pages 177-181, May.
- Frank H. Knight, 1967. "Laissez Faire: Pro and Con," Journal of Political Economy, University of Chicago Press, vol. 75, pages 782-782.
- Thornton Mark, 1998. "Richard Cantillon and the Origin of Economic Theory," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 8(1), pages 1-14, March.
- Goodwin, Craufurd D W, 1972. "Economic Theory and Society: A Plea for Process Analysis," American Economic Review, American Economic Association, vol. 62(2), pages 409-415, May.
When requesting a correction, please mention this item's handle: RePEc:bpj:jeehcn:v:11:y:2001:i:2:n:10. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.