Frédéric Bastiat

Most Influential Person Across History

French classical liberal theorist, political economist, and member of the French assembly

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Frédéric Bastiat
Political Science
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Political Economy
Historical Rank
political-science Degrees
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  • Political Science

Why Is Frédéric Bastiat Influential?

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According to Wikipedia, Claude-Frédéric Bastiat was a French economist, writer and a prominent member of the French Liberal School. A member of the French National Assembly, Bastiat developed the economic concept of opportunity cost and introduced the parable of the broken window. He was described as "the most brilliant economic journalist who ever lived" by economic theorist Joseph Schumpeter.

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