As Frédéric Bastiat said, there is that which is (easily) seen and that which is not (easily) seen. Hazlitt: “The art of economics consists in looking not mere

As Frédéric Bastiat said, there is that which is (easily) seen and that which is not (easily) seen. Hazlitt: “The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.”