Thursday, June 13, 2019

Book review of Economic Sophisms, by Frdric Bastiat Essay

Book review of Economic Sophisms, by Frdric Bastiat - Essay ExampleIn this confine Economic Sophisms Bastiat tries to combat the problems of protectionism through many arguments. His famous satirical blend known as the Candle makers petition, which is reproduced in many economic textbooks wholly over the world, is also included in this book. (Hart, 4-7 Hazlitt, 5) The collection consists of three parts. The first part contains the popular essays the second is his sophisms, consisting of 35 articles on protectionism. The third part was indite in a short period of time before his death and consists of the thought that society and the economy are in harmony and government hinderance was unnecessary - The world is not sufficiently aware of the influence that sophistry exerts over it.(Bastiat, 93) The authors thesis is that one should have the freedom to taint anything from anyplace as that is in ones best economic interest. The most important argument present in the whole book is h ow a few men have been able to loot others by making them believe that they are getting looted for their own benefit. Many still want the basic understanding of such economics and that kind of looting is prevalent even now. Since, the not so intelligent common man, might not be able to decipher the intricacies of an economic policy, the ones forming the rules are in a position to loot the poor off their wealth. Bastiat not only uses wit and satire precisely also uses the words of the policy makers to point out the fallacies to the general earthly concern (Spencer). The book consists of a number of styles of writing. Keeping in mind the general public as the reader Bastiat includes a number of different yet simple styles which they can understand. His book consisted of essays in conversational prose, written informally, and this is the dominant type. They have a very conversational tone and quotes from individuals having the opposite view have often been incorporated in these. Thi s style reflects the fact that they might have been used in speeches before and contains reactions or exclamations from the writer (Hart, 8). The second type of essay format he uses is essays written in dialog form where Bastiat created characters to build up a conversation where ultimately the free market supporter would win the debate. The characters would often be in professions such as petitioning, economist, woodcutters, ironmasters and artisans (Hart, 9). Thirdly, he would write essays consisting of economic tales, which shows his passion for literature. These economic tales point out important economic aspects to the layman in an easy manner, and included funny remarks. Important stories include Reciprocity, Stupidville and Childishtown. These tales make the work of economics less boring and ignites the enthusiasm of the reader (Hart, 10). The fourth type of essays was fictional letter to government officials. These were similar to the economic tales and were considered funn y and satirical. These fake earn were written to many fake government officials such as Council of Ministers, various Cabinet Ministers and to the Chamber of Deputies, sometimes even the King, and contained requests for easy solutions of economic complexities. The writer uses a reductio ad absurdum method to push his point usually taking up a topic used by his opponents. Sometimes ridiculous demands make by the opponents were used to show

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