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The Wisdom of Bastiat, as Revealed by Great Moments in Federal, State, and Local Government – Daniel J. Mitchell – Townhall Finance Conservative Columnists and Financial Commentary – Page full

bastiat-seen-meme-660x411I’ve periodically cited the great 19th-century French economist, Frederic Bastiat, for his very wise words about the importance of looking at both the seen and the unseen when analyzing public policy.

Those that fail to consider secondary or indirect effects of government, such as Paul Krugman, are guilty of the “broken window” fallacy.

There are several examples we can cite.government-great-fiction-bastiat

Read more via The Wisdom of Bastiat, as Revealed by Great Moments in Federal, State, and Local Government – Daniel J. Mitchell – Townhall Finance Conservative Columnists and Financial Commentary – Page full.

Author:

A primary care physician by training, my passion is researching and writing about the importance restoring patient centered care, supporting independent private physicians, promoting free-market solutions and seeking sustainable fiscal policy in healthcare.

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