Frédéric Bastiat, French economist, legislator, and writer who was a champion of private property, free markets, and limited government is more relevant today than ever before due to the reality that we live in a complex, interrelated global economy which is becoming more interrelated and complex every day. Hence, to survive in this new economy and to preserve our individual and economic liberties, we all need to understand the free market principles which Bastiat espoused.
Purpose: To assist with understanding Bastiat’s What Is Seen and What Is Not Seen using the systems thinking tools of behavior over time (BOT) graphs and causal loop diagrams (CLDs). In this way, you learn more easily the free market ideas of Bastiat and gain the necessary tools to articulate free market dynamics.
1st Monthly Meeting: The Broken Window
2nd Monthly Meeting: The Demobilization
3rd Monthly Meeting: Taxes
4th Monthly Meeting: Theaters and Fine Arts
5th Monthly Meeting: Public Works
6th Monthly Meeting: The Middlemen
7th Monthly Meeting: Restraint of Trade
8th Monthly Meeting: Machines
9th Monthly Meeting: Credit
10th Monthly Meeting: Algeria
11th Monthly Meeting: Thrift and Luxury
12th Monthly Meeting: The Right to Employment and the Right to Profit
- Reber, Michael. What Is Seen and What Is NOT Seen: Fun Systems Thinking Activities with Frédéric Bastiat. Virtualbookworm.com Publishing.
- Whiteboard and Implements
- Food & Beverages
- Form a study group using Reber’s activity book.
- Make a time to meet once a month and cover only one topic per meeting.
- Read the Bastiat material and do Hands-On Activity 1 (the Bastiat activity) in the activity book prior to meeting.
- Prepare news clips for Hands-On Activity 2 in the activity book and share them with group on meeting day.
On Meeting Day
- Go over Hands-On Activity 1 together.
- Do Hands-On Activity 2 together. Each group member shares one or two news stories.
- Practice debating the topic by performing a role-play. One member is a free market defender and another member is a socialist. Other members watch and learn.
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