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
Monday, April 04, 2011
Video: Don Boudreaux On Understanding Trade Deficits
Professor Donald Boudreaux explains why trade deficits shouldn't be feared (HT: Mark Perry)
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