5 ms·
I just remembered this essay that kind of explains some of my thoughts on how to judge economic policy http://bastiat.org/en/twisatwins.html http://bastiat.org/
by chermi 2mo ago
I just remembered this essay that kind of explains some of my thoughts on how to judge economic policy http://bastiat.org/en/twisatwins.html http://bastiat.org/en/twisatwins.html. Not super relevant but kind of just in case you hadn't read it. Not just the broken window fallacy but the idea of diffuse benefits vs. visible downsides.