French Economist Quotes & Sayings

The welfare state is institutionalized crime - 'organized plunder,' as the French economist Frederic Bastiat called it. It systematizes what is intrinsically wrong: forcing some people to support others. The Democrats favor the indefinite expansion of the welfare state, perpetually increasing the ratio of force to freedom in society. — Joseph Sobran

According to the management expert Peter F. Drucker, the term "entrepreneur" (from the French, meaning "one who takes into hand") was introduced two centuries ago by the French economist Jean-Baptiste Say to characterize a special economic actor-not someone who simply opens a business, but someone who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield." The twentieth-century growth economist Joseph A. Schumpeter characterized the entrepreneur as the source of the "creative destruction" necessary for major economic advances. — David Bornstein

I love magazines. I always read 'Time,' 'Newsweek' and 'The Economist.' When I get my hair cut, French 'Vogue,' French 'Elle,' 'Paris Match' - I read them all in 10 minutes. — Janine Di Giovanni

When the fermentation is over and the troubling parts subsided, the wine will be fine and good, and cheer the hearts of those that drink it."41 Franklin was wrong, sadly wrong, about the French Revolution, though he would not live long enough to learn it. Le Veillard would soon lose his life to the guillotine. So would Lavoisier the chemist, who had worked with him on the Mesmer investigation. Condorcet, the economist who had accompanied — Walter Isaacson