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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

Showing posts with label david henderson. Show all posts

Monday, January 21, 2013

Quote of the Day: GDP Fetish

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"GDP fetish"—the belief that increases in GDP are good whether or not they represent increased production of things that people ...

5 comments:

Monday, April 30, 2012

Quote of the Day: The Bottom One Percent

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We hear a lot about the top 1%. We don't hear a lot about the bottom 1%. There are about 313 million people in America today . 1% of ...

Thursday, April 05, 2012

Why Property Rights is NOT a Public Policy Problem

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I know most people are on a vacation this Passover week or the culmination of the Lenten Season. But for as long as the computer is within m...

1 comment:

Wednesday, March 28, 2012

Quote of the Day: War Equals Presidential Greatness

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Our data analysis suggests that wars in which a large percentage of the U.S. population is killed will, all other things equal, cause his...

Wednesday, February 01, 2012

Differentiating Phony Rights from Real Rights

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In a letter to a newspaper, Professor David Henderson refutes what the mainstream and leftists call as “rights” A real right is, say, m...

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