Janis Lesinskis' Blog

Assorted ramblings

  • All entries
  • About me
  • Projects
  • Economics
  • Misc
  • Software-engineering
  • Sports

Bastiat on legal systems and morality


Came across this quote and it seems more relevant than ever:

When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it. ― Frédéric Bastiat

Published: Mon 28 February 2022
By Janis Lesinskis
In Economics
Tags: economics politics morality legal-systems financial-systems quotes

This post is part 9 of the "MonetaryPolicy" series:

  1. Finally getting around to publishing some monetary policy articles
  2. Fast things happen slowly then quickly
  3. Politics of unproductive debt
  4. Futures markets lower prices, both in good and bad ways
  5. Why do stable coins matter
  6. Why is so much financial advice bullshit
  7. Bank bail ins
  8. Where is money created
  9. Bastiat on legal systems and morality *
  10. Transitory inflation means permanent purchasing power reduction
  11. Problems with Celsius
  12. Crypto's Lehman moment
  13. Crypto crash update May 2022
  14. The myth of the unbalanced government budget
  15. The 2006 debasement of NZ coinage
  16. Demand destruction anecdotes

links

  • JaggedVerge

social

  • My GitHub page
  • LinkedIn

Proudly powered by Pelican, which takes great advantage of Python.