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, August 15, 2011
Cartoon of the Day: Different Types of Looting
This caricature below is almost an exact depiction of what’s been happening around the world today. (hat tip Mises Blog Jonathan Catalan and Salt Lake Tribune]
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