Resources What Is Seen and What Is Not SeenFrederic Bastiat
In economics, an act, a habit, an institution, or a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge afterward; they are not seen. Basiat argues that a good economist must look at both the seen and unseen consequences of an action. (18:11 minutes)
Freeman Article The Snow Plowers’ Petition
Look for the unseen.Steven Horwitz Feb 9
Looking for the unseen effects of economic policy is the beginning of wisdom.
Freeman Article Japan's Supposed Silver Lining
Window-breakers are not benefactors.William L. Anderson Mar 23
The Japanese people are going through sheer horror. To spin this tragedy into economic triumph is not just bad economics; it's an obscenity.
Freeman Article Taxation as Vandalism
Taxation is a Crime of the State and the Enemy of InnovationLachlan Markay Jan 20
Freeman Article Commerce, Markets, and Peace: Richard Cobden's Enduring Lessons
Free Trade Is the Great PanaceaEdward Stringham Oct 1