As an addendum to that lesson, I'd assert consequences include what was lost as well.
Bastiat was pretty smart in asserting that everyone knows the economic benefit of a bridge or a military. What they don't know is the items not made because of such. Some people employ this lesson very narrowly and usually only towards the military.
Credits & Style Info
Talk Politics. A place to discuss politics without egomaniacal mods
![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
(no subject)
Date: 20/1/12 14:26 (UTC)Bastiat was pretty smart in asserting that everyone knows the economic benefit of a bridge or a military. What they don't know is the items not made because of such. Some people employ this lesson very narrowly and usually only towards the military.