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Wednesday, March 31, 2010

Disastrous Economic Fallacies

Do natural disasters, earthquakes, or wars stimulate an economy and create growth? Did World War 2 get the US out of the Great Depression? Frederic Bastiat explained why such thinking is fallacious. More information on the Bastiat Legacy Project is available at, and for more videos like this from Atlas view


Disastrous Economic Fallacies from Atlas Global Initiative on Vimeo.