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To: mdittmar

Broken Window Fallacy headline, these folks are economic fools.

If you don’t know what I’m talking about, the following is required reading:

That Which is Seen, and That Which is Not Seen
by Frederic Bastiat, 1850
http://bastiat.org/en/twisatwins.html


10 posted on 11/04/2012 11:22:57 AM PST by FreedomPoster (Islam delenda est.)
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To: FreedomPoster

Thank you for the timely reminder. Nothing learned in the last 160+ years. I taught Hazlitt’s version of this in my economics classes for years.


17 posted on 11/04/2012 11:31:32 AM PST by Founding Father (The Pedophile moHAMmudd (PBUH---Pigblood be upon him))
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To: FreedomPoster
Broken Window Fallacy headline, these folks are economic fools.

Beat me to it. Wealth is created by creating new wealth. Amazing how many people can't understand such a simple concept.

21 posted on 11/04/2012 11:37:42 AM PST by Hugin ("Most times a man'll tell you his bad intentions, if you listen and let yourself hear."---Open Range)
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