Tagged: bastiat

Bastiat and Stimulus

Matt Yglesias has a smart post up on Frederic Bastiat’s “What is Seen and What is Not Seen” essay, noting that ” the correct way to understand it is as precisely laying down the theoretical...

Wealth and moral character

Jonah Goldberg makes some very good points about human welfare and markets: I’m no unmitigated fan of Wal-Mart, but it can’t be denied that Wal-Mart—and stores like it—have improved the lives of a lot...