Bastiat forever!

Reader comment on: The Broken Windows Fallacy

Submitted by Harry Binswanger (United States), Aug 28, 2011 21:54

Bastiat si, Keynes non. Thank you for reprinting that part of Bastiat's essay. You left out one part, though. Had the window not been broken, the baker would have had both his shoes and his window. Now he has only the (repaired) window. So he is worse off, even if the rest of the economy is at the same level.

Bastiat's "The Law" is a magnificent short booklet (or long pamphlet). About 50 pages. Available at Amazon:

http://www.amazon.com/Law-Frederic-Bastiat/dp/1612930123/ref=sr_1_2?ie=UTF8&qid=1314582719&sr=8-2

Note: Comments are moderated by the editor and are subject to editing.

Other reader comments on this item

Title By Date
The unseen of altruism [322 words]Robert VillegasAug 29, 2011 05:30
⇒ Bastiat forever! [78 words]Harry BinswangerAug 28, 2011 21:54
Bastiat for President [56 words]John GillisAug 28, 2011 20:00
The last clause [60 words]LyleAug 28, 2011 16:28

Comment on this item

Mark my comment as a response to Bastiat forever! by Harry Binswanger

Email me if someone replies to my comment

Note: Comments are moderated by the editor and are subject to editing.