A Quote by Frederic Bastiat
In an economy, an act, a habit, an institution, or a law, gives birth not only to an effect, but to a series of effects. Of these effects, the first only is immediate; it manifests itself simultaneously with its cause - it is seen. The others unfold in succession - they are not seen. Now this difference is enormous, for it is often true that when the immediate consequence is favorable, the ultimate consequences are fatal, and the converse.
Related Quotes
It appears to me that one great cause of our difference in opinion on subjects which we often discuss is that you have always in mind the immediate and temporary effects of particular changes, whereas I put these effects quite aside, and fix my whole attention on the long-term effects that will result from them.
God thus excludes the world; he is only its cause; in no sense is he effect, of himself or anything else. Pantheism (better, "pandeism," for again it is not really the theos that is described) means that God is the integral totality of ordinary cause-effects, and that there, is no super-cause independent of ordinary causes and effects.
There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.
Every phenomenon manifests itself of its own accord. This manifestation is always distinct from form, and is the essence of the immediate, the trace of the immediate.
How often we have had cause to regret that the histrionic art, of all the fine arts the most intense in its immediate effect, should be, of all others, the most transient in its result! - and the only memorials it can leave behind, at best, so imperfect and so unsatisfactory!
Print and web have profoundly different effects: The effect is immediate when people can click on links.
All men, and all created nature, have been at work, from the beginning of time to this day, to produce the circumstances which now influence our actions. AS soon as an act has been performed, it becomes independent of the individual performing it, and forthwith gives birth to some other act, which last gives birth to still another, and so they continue, and will continue, until the law of cause and effect shall cease to operate.
One should not wrongly reify 'cause' and 'effect,' as the natural scientists do (and whoever, like them, now 'naturalizes' in his thinking), according to the prevailing mechanical doltishness which makes the cause press and push until it 'effects' its end; one should use 'cause' and 'effect' only as pure concepts, that is to say, as conventional fictions for the purpose of designation and communication-not for explanation.
The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.
The nonphysical law allows you to use nonphysical causes to create nonphysical effects and also physical effects. This does not mean that you are not in control of what you create. On the contrary! It means that you are entirely free to create what you want, provided you are aware of how the nonphysical law of cause and effect works.
As for charity, it is a matter in which the immediate effect on the persons directly concerned, and the ultimate consequence to the general good, are apt to be at complete war with one another.
The danger is in pleasing an immediate public: the immediate public that comes around you and takes you in and accepts you and gives you success and everything. Instead of that, you should wait for fifty years or a hundred years for your true public. That is the only public that interests me.
The main Business of Natural Philosophy is to argue from Phænomena without feigning Hypotheses, and to deduce Causes from Effects till we come to the very first Cause, which certainly is not mechanical; and not only to unfold the Mechanism of the World, but chiefly to resolve these, and to such like Questions.
So many of man's actions appear to have no immediate consequence but, concealed, do their work until finally all catches up and forms a complex web of cause and effect.
Life is a succession of lessons enforced by immediate reward, or, oftener, by immediate chastisement.
Ideas which have been developed simultaneously or in immediate succession in the same mind mutually reproduce each other, and do this with greater ease in the direction of the original succession and with a certainty proportional to the frequency with which they were together.
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