Tag Archive for Bastiat

Mike Munger on Destruction and Economics

In reference to this recent post at Cafe Hayek, Dr. Munger posits on Twitter: “So, if destruction causes jobs, lefties should oppose building codes. Planned obsolescence=good for economy!”

Free Lunches, Breakfasts, and PhDs.

13WHAM reports that all Rochester City School District students will now get their school lunches for free. All RCSD Students To Receive Free Lunches – 13WHAM.com: Rochester, N.Y.— Starting in the 2012-2013 school year, all Rochester City School District students—regardless…

Frédéric Bastiat on Socialism

Yup. “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…

Consumers, Not Producers

Thanks very much to Our Dinner Table for reminding me of this great quote by Bastiat. Treat all economic questions from the viewpoint of the consumer, for the interests of the consumer are the interests of the human race. –…

That Which is Not Seen: Oil & Tang Edition

I think that most (okay, all) public policy choices have advantages and disadvantages, costs and benefits. We can decide whether or not to pursue each, or compare them, by looking at the costs and benefits of each. And if we…

Today’s Quotes: Sobran, Rand, & Bastiat

“Need” now means wanting someone else’s money. “Greed” means wanting to keep your own. “Compassion” is when a politician arranges the transfer. – Joseph Sobran The difference between a welfare state and a totalitarian state is a matter of time.…