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The third volume in the Collected Works of Frédéric Bastiat, includes two of Bastiat's best-known works, the Economic Sophisms and What Is Seen and What Is Not Seen, including for the first time in English the Third Series of Economic Sophisms, which remained incomplete at his death. Economic Sophisms and What Is Seen and What Is Not Seen were written to correct misconceptions about the benefits of free trade and free markets. Bastiat's clever and witty arguments against tariff protection and subsidies to domestic industry are truly timeless. Governments and vested-interest groups are still advocating the same policies 160 years later.