Monday, June 8, 2009

Economics quote of the day


"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." -Frederic Bastiat

4 comments:

  1. This comment has been removed by a blog administrator.

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  2. Good article from Mises.org. Has some good insight.

    http://www.mises.org/story/3508

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  3. Hey Chris, Thanks- I will check it out. This is a good way to stay in touch. Nice!

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  4. Austin...PG-13 please...your too smart to be so loose with the language. Thanks

    High standards here at Freedom-Choice-Cost

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