000			02129cam a22003013u 4500
001			15962
003			UtSlPG
005			20260610133356.0
006			m
007			cr n
008			260607r2005||||utu|||||o|||||||||||||| d
040			_aUtSlPG
041		7	_aen _2iso639-1
050		4	_aHB
100	1		_aBastiat, Frédéric, _d1801-1850
245	1	0	_aEssays on Political Economy
264		1	_aSalt Lake City, UT : _bProject Gutenberg, _c2005
300			_a1 online resource : _bmultiple file formats
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aRelease date is 2005-05-31
508			_aProduced by Distributed Proofreaders
520			_a"Essays on Political Economy" by Frédéric Bastiat is a collection of economic essays written in the mid-19th century. The work critically examines the principles surrounding capital, interest, and the impact of governmental policies on society and economics. Bastiat argues against the prevalent ideology that views the charging of interest as unjust, and emphasizes the natural, lawful role of interest in economic transactions and society. At the start of the text, Bastiat introduces the concept of interest, addressing concerns held by socialists and reformers who consider it a form of exploitation. He engages with challenging questions regarding whether capital should yield interest, and if such interest should be perpetual. Through examples, such as the economic implications of lending a sack of corn or a plane, he illustrates the reciprocal nature of lending and borrowing. Bastiat articulates that denying interest undermines the incentives for saving and capital production, ultimately harming the very laborers that socialists aim to protect. He sets the stage for a broader discussion on economic interactions and advocates for a free market approach that favors individuals' rights to their gains. (This is an automatically generated summary.)
534			_nOriginal publication data not identified
653			_aEconomics
856	4	0	_uhttps://www.gutenberg.org/ebooks/15962
999			_c57350 _d57350