Frédéric Bastiat
#1,153
Most Influential Person Across History
French classical liberal theorist, political economist, and member of the French assembly
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Frédéric Bastiatpolitical-science Degrees
Political Science
#71
Historical Rank
Political Economy
#6
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Political Science
Why Is Frédéric Bastiat Influential?
(Suggest an Edit or Addition)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.