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The Legacy of Frédéric Bastiat
 Chudoba, Matěj ; Vostrovská, Zdenka (advisor) ; Pavlík, Ján (referee)
This bachelor thesis deals with economic thought of Frédéric Bastiat; his complete work and fundamental ideas are introduced to readers. The biggest attention is paid to the "broken-window fallacy", e.g. preferring just immediate effects caused by a state intervention, and neglecting those long-term ones. The thesis presents a couple of examples of the impossibility to create even a single job vacancy by a state redistribution; the state only re-directs jobs from a private sector to the public one. The thesis follows up Bastiat's critic of protectionism and also demonstrates how a free international trade is veiled with a number of economic myths. Nor Bastiat's contribution in the domain of a spontaneous order and its difference from an artificially created socialist system is omitted. The aim of this work is not only to sum up his economic thinking but also to prove that his non-orthodox thoughts can be considered to be of a benefit for modern economics.
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