But he's also a economics theorist who gave us the "parable of the broken window" and other gems.
I like to think that Bastiat would have embraced Bitcoin. "Legal plunder" is one of my favorite terms coined by an economist.
Topic: Another problem solved by Bitcoin (Read 1356 times)
I like to think that Bastiat would have embraced Bitcoin. "Legal plunder" is one of my favorite terms coined by an economist.
this is on of his essays on Political Economy
1.2
There is only one difference between a bad economist and a good one:
the bad economist confines himself to the visible effect;
the good economist takes into account both the effect that can be seen and those effects that must be foreseen.
knowledgable guy... for sure
1.2
There is only one difference between a bad economist and a good one:
the bad economist confines himself to the visible effect;
the good economist takes into account both the effect that can be seen and those effects that must be foreseen.
knowledgable guy... for sure
who is Bastiat?
possibly a knowledgable guy...
possibly a knowledgable guy...
He's a frenchman who died early at the age of 49.
But he's also a economics theorist who gave us the "parable of the broken window" and other gems.
who is Bastiat?
possibly a knowledgable guy...
possibly a knowledgable guy...
"When goods do not cross borders, soldiers will."
-Bastiat
-Bastiat
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