The nineteenth-century French political economist Frederic Bastiat once provided a keen insight regarding redistributive government programs. He said that, “If such a law — which may be an isolated case — is not abolished immediately, it will spread, multiply, and develop into a system.” Bastiat went on to say that in France the existence of such programs had indeed multiplied into a system, spawning a “present-day delusion” that resulted in “an attempt to enrich everyone at the expense of everyone else; to make plunder universal under the pretense of organizing it.”
10:31 AM 07/20/2012
Imagine if history textbooks replaced “Alexander Graham Bell” with “someone else” as inventor of the telephone. Not only would such an assertion be vague and misleading, it would be downright false.
