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Broken window fallacy

Posted by Richard on August 9, 2010

Eyeblast.tv has a nice little video explaining Bastiat's broken window fallacy, the seen and the unseen, and why stimulus bills are a crock. Check it out.

If that motivates you to learn more, you can read the essay from which the broken window parable is taken, "That Which Is Seen, and That Which Is Not Seen," at WikiSource. You can learn more about the great Frédéric Bastiat (1801-1850), and find links to Bastiat's writings on the web, biographical material, etc., at Bastiat.org. 

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This entry was posted on August 9, 2010 at 5:26 am and is filed under Uncategorized. Tagged: economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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