Mike Billy


Posts tagged Bastiat

54 notes &

For all those who say that natural disasters like Hurricane Sandy stimulate the economy. 

stellargas:

The Broken Window Fallacy (by Sam Selikoff)

Yes this is perfect. 

(via freexcitizen)

Filed under Bastiat frederic bastiat Economics Broken Window Fallacy Government Sandy Hurricane Sandy Broken Window Keynes Keynesian

10 notes &

Socialism, like the ancient ideas from which it springs, confuses the distinction between government and society. As a result of this, every time we object to a thing being done by government, the socialists conclude that we object to its being done at all. We disapprove of state education. Then the socialists say that we are opposed to any education. We object to a state religion. Then the socialists say that we want no religion at all. We object to a state-enforced equality. Then they say that we are against equality. And so on, and so on. It is as if the socialists were to accuse us of not wanting persons to eat because we do not want the state to raise grain.
Frédéric Bastiat

Filed under Bastiat Conservative Frederic Bastiat Freedom Frédéric Bastiat Government Liberal Libertarian Liberty Socialism Libertarianism