Frederic Bastiat - French Economist, Statesman and Author. In 1850 Bastiat wrote The Law and clearly shows that when socialist policies that have political appeal are used coercively by the state, they lead to undesirable ends.
Passionate promises are evident in every speech.
We are promised work for all, healthcare for all, prosperity for all, education reform for the benefit of all. But these are promises left mostly unfulfilled. In the Bahamas we sometimes confuse a piece of the economic pie with income re-distribution. In other words using the power of government to give preferential treatment to one group over another. Their production requires work, investment, cooperation, machinery, brain power, and organisation.