Frédéric Bastiat
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Claude-Frédéric Bastiat was a French economist, writer, and prominent member of the French liberal school.
Bastiat
Drawing of Bastiat
Bastiat's tomb in San Luigi dei Francesi, a Catholic church in Rome
Bust of Bastiat in Mugron
Opportunity cost
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In microeconomic theory, the opportunity cost of a choice is the value of the best alternative forgone where, given limited resources, a choice needs to be made between several mutually exclusive alte
Frédéric Bastiat
…economist, writer, and 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…
Demand and supply of hospital beds and days during COVID-19