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Bastiat and predicted
The graph indicates that, as Frédéric Bastiat predicted, the deficit slackened during recessions and grew during periods of expansion.

Bastiat and successful
By reductio ad absurdum, Bastiat argued that the national trade deficit was an indicator of a successful economy, rather than a failing one.

Bastiat and economy
Bastiat developed intellectual interests in several areas including " philosophy, history, politics, religion, travel, poetry, political economy and biography.
Bastiat was the author of many works on economics and political economy, generally characterized by their clear organization, forceful argumentation, and acerbic wit.
Bastiat himself argued against the claim that hiring men to be soldiers was inherently beneficial to the economy in the second chapter of That Which is Seen, and That Which is Not Seen, " The Disbanding of Troops ":
Bastiat and Austrian economists also believe that depreciation and other losses in the value of goods reduces the net value in the economy by the amount of the reduction in value of the goods.

Bastiat and would
Based on a parable by the 19th-century French economist Frédéric Bastiat, it points out that if a person broke a grocer's window then some people could argue that it was a benefit to the town, as it would provide a job for a glazier, who would then buy more from the tailor and so on.
Bastiat pointed out that this is deceptive and illogical reasoning, as it ignores what the grocer would have bought had he not been forced to buy a new window-it ignores, in modern economic terminology-opportunity cost.
This scheme was vehemently objected to by others in the legislature, including Frédéric Bastiat ; the reason given for the income tax's rejection was that it would result in economic ruin and that it violated " the right of property.

Bastiat and result
Strongly disputing Proudhon's equality-based argument, Bastiat theorizes that, as a result of technological progress and the division of labor, the stock of communal wealth increases over time ; that the hours of work an unskilled laborer expends to buy e. g. 100 liters of wheat decreases over time, thus amounting to " gratis " satisfaction.
Frédéric Bastiat argues that idleness is the result of people focusing on the pleasant immediate effects of their actions rather than potentially negative long-term consequences.

Bastiat and trade
The 19th century economist and philosopher Frédéric Bastiat expressed the idea that trade deficits actually were a manifestation of profit, rather than a loss.

Bastiat and .
Classical liberals generally opposed colonialism ( as opposed to colonization ) and imperialism, including Adam Smith, Frédéric Bastiat, Richard Cobden, John Bright, Henry Richard, Herbert Spencer, H. R. Fox Bourne, Edward Morel, Josephine Butler, W. J.
Claude Frédéric Bastiat (; 30 June 180124 December 1850 ) was a French classical liberal theorist, political economist, and member of the French assembly.
Bastiat was born in Bayonne, Aquitaine, a port town in the south of France on the Bay of Biscay, on 30 June 1801.
His father, Pierre Bastiat, was a prominent businessman in the town.
The Bastiat estate in Mugron had been acquired during the French Revolution and had previously belonged to the Marquis of Poyanne.
Pierre Bastiat died in 1810, leaving Frédéric an orphan.
He was taken in by his paternal grandfather and his maiden aunt, Justine Bastiat.
Bastiat began to develop an intellectual interest.
Bastiat accompanied him and took care of him.
The next year, when Bastiat was 24, his grandfather died, leaving the young man the family estate, thereby providing him with the means to further his theoretical inquiries.
" " After the middle-class Revolution of 1830, Bastiat became politically active and was elected justice of the peace of Mugron in 1831 and to the Council General ( county-level assembly ) of Landes in 1832.
Bastiat had contracted tuberculosis, probably during his tours throughout France to promote his ideas, and that illness eventually prevented him from making further speeches ( particularly at the legislative assembly to which he was elected in 1848 and 1849 ) and took his life.
On 24 December 1850, Bastiat called those with him to approach his bed.
Economist Murray Rothbard wrote that " Bastiat was indeed a lucid and superb writer, whose brilliant and witty essays and fables to this day are remarkable and devastating demolitions of protectionism and of all forms of government subsidy and control.
" On the other hand, Bastiat himself declared that subsidy should be available, but limited: " under extraordinary circumstances, for urgent cases, the State should set aside some resources to assist certain unfortunate people, to help them adjust to changing conditions.
Bastiat wrote the work while living in England to advise the shapers of the French Republic on pitfalls to avoid.

predicted and successful
If successful, the fast ignition approach could dramatically lower the total amount of energy needed to be delivered to the target ; whereas NIF uses UV beams of 2 MJ, HiPER's driver is 200 kJ and heater 70 kJ, yet the predicted fusion gains are nevertheless even higher than on NIF.
This nuclear astronomy was predicted in 1969 as a way to confirm explosive nucleosynthesis of the elements, and that prediction played an important role in the planning for NASA's successful Compton Gamma-Ray Observatory.
While at Gibbs ' studio, they recorded a series of powerful singles, starting with " See Dem a Come " and including the hugely successful " Two Sevens Clash " ( which predicted the apocalpyse on 7 July 1977 ), many of which ended up on their debut album Two Sevens Clash.
Major earthquakes are often followed by reports that they were predicted, or at least anticipated, but no claim of a successful prediction of a major earthquake has survived close inquiry.
To be judged successful there must be a proper prediction, published before the predicted event, and the event must occur exactly within the specified time, location, and magnitude parameters.
That such a moth exists in Madagascar may be safely predicted, and naturalists who visit that island should search for it with as much confidence as astronomers searched for the planet Neptune,and they will be equally successful.
The earliest reported observations of pollen under a microscope are likely to have been in the 1640s by the English botanist Nehemiah Grew who described pollen, the stamen and successfully predicted that pollen was required for successful reproduction in plants.
Grapple X was spectacularly successful, exceeding its predicted yield of one megaton by about 80 percent.
The design of Grapple Y was notably successful because much of its yield came from its thermonuclear reaction instead of from the fast fission a heavy uranium-238 tamper-hence making it a true H-bomb, and also because its yield had been closely predicted — indicating that its designers understood what they were doing.
By 2000, Dragon Quest VII was predicted to be so successful in Japan that it would " create a 50 billion yen effect on the Japanese economy ", said research firm DIHS.
Since most Foundation novels use the Encyclopedia as a framing device for its chapters, it seems that Seldon has correctly predicted the successful synthesis of the two Foundations and Galaxia.
The authors say that the novel was far more successful than they predicted, and they were told that it inspired a resurgence of interest in Dante amongst college students and a new print release of John Ciardi's translation ( whose quotes appear in the novel ).
However, with the exception of NTT DoCoMo's i-mode, these efforts have been less successful than predicted, due to the willingness of most vendors to work together within open standards frameworks, and the pre-existing widespread adoption of open standards such as GSM, IP, SMS and SMTP.
Barlow's solo career was predicted to be very successful, being described as ' the next George Michael '.
Of the 23 proteins and viruses attempted during Expedition 1, only four resulted in successful crystallizations, which was a lower success rate than predicted.
By far the most successful of the Reprise acts who moved to Warner Bros. was Fleetwood Mac, whose massive success firmly established Warner Bros. in the front rank of major labels — although few would have predicted it from the band's tumultuous history.
The first tests, performed in 1966 and 1967 using the MIT Haystack radar antenna, were successful, matching the predicted amount of time delay.
After his defeat, Curren was noted as saying that he thought the game would see an increase in the number of successful young players and predicted that they would have more intense, but shorter, careers.
There then followed five highly successful seasons, which transformed the club's fortunes more than anyone could have predicted.
Her mission was successful ; indeed, it was off all predicted charts — on one ocean planet the Esperanto succeeded in causing five million years ' worth of aquatic evolution in just three solar years.
If the product is predicted to continue to be successful or an upgrade is soon to be released the company can use various methods to keep sales, else the product will be left as is to continue to the decline stage.
Although the band theory of solids had been very successful in describing various electrical properties of materials, in 1937 Jan Hendrik de Boer and Evert Johannes Willem Verwey pointed out that a variety of transition metal oxides predicted to be conductors by band theory ( because they have an odd number of electrons per unit cell ) are insulators .< ref > Nevill Mott and Rudolf Peierls then ( also in 1937 ) predicted that this anomaly can be explained by including interactions between electrons.
After a few years stint at TBE Geveden joined NASA in 1990, and worked on hardware design for a number of science satellite missions, including as project manager for the Optical Transient Detector satellite, the Lightning Imaging Sensor satellite, and the Gravity Probe B satellite, a successful test of frame dragging effects predicted by General Relativity.

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