Bastiat On War and Property
The writings of C. F. Bastiat are from a period very similar to ours. Reading Bastiat has great potential to explain what is happening around us; and to aid us in projecting what may happen.
Consider this a New Years gift.
Remember that Bastiat was French, so this is a translation, The translation is a bit dated so it may take a few lines for you to begin to interpret in modern idiom.
It is worth the effort if you value wisdom.
Here is a taste of what The Daily Reckoning piece has to offer:
In order to produce, man must direct all his powers and faculties to obtain the mastery over natural laws ; for it is by this means that he accomplishes his object. Hence, iron converted into a ploughshare is the emblem of production.
To steal, on the other hand, man must direct all his powers and faculties to obtain the mastery over his fellow-man; for it is by this means that he attains his end. Hence, iron converted into a sword is the emblem of spoliation. - C. F. Bastiat
The following is the short essay provided by The Daily Reckoning.
Read it and acquire an appreciation for one of history's great economists.