Frederic Bastiat Quote

Quote from Frederic Bastiat,

"The state tends to expand in proportion to its means of existence and to live beyond its means, and these are, in the last analysis, nothing but the substance of the people. Woe to the people that cannot limit the sphere of action of the state! Freedom, private enterprise, wealth, happiness, independence, personal dignity, all vanish."

By:	Frederic Bastiat (more quotes by Frederic Bastiat or books by/about Frederic Bastiat)
	(1801-1850) [Claude Frederic Bastiat] French economist, statesman, and author. He did most of his writing during the years just before -- and immediately following -- the French Revolution of February 1848
Source:	Sophisms, 141
Categories:	Dignity, Free Trade, Freedom, Happiness, Independence, Statism, Wealth
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