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10 sats \ 2 replies \ @Undisciplined 19 Oct 2024 \ on: Bastiat And The "Broken Window" econ
The seen vs the unseen
It's almost impossible to get people to think in terms of opportunity cost.
You’re right!!! I just posted one about “Free money” or “guaranteed loans” that points out the foolishness involved in not looking at the opportunity costs and where they are distributed. It is funny, the lost opportunity costs the government generates always seem to be laid on the poorer people the policies are meant to help.
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the poorer people the policies are meant to help
Correction: the poorer people we're told the policies are meant to help
The policies do help who they're intended to help.
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