Here is another famous one from Schumpeter's *History of Economic Analysis* (p. 500): "Frédéric Bastiat's (1801-50) case has been given undue prominence by remorseless critics. But it is simply the case of the bather who enjoys himself in the shallows and then goes beyond his depth and drowns. (...) I do not hold that Bastiat was a bad theorist. I hold that he was no theorist." Guido Erreygers University of Antwerp