The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt
Wednesday, September 09, 2009
John Stossel: The Green Jobs Fallacy
John Stossel explains Frederic Bastiats's Broken Window Fallacy applied by governments to create so called "Green Jobs".
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