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Vor 10 Stunden · The French economist Frédéric Bastiat examined the interrelatedness of random events and chance situations within the framework of opportunity and inopportunity window. In consideration for the causes and effects of human action seen in its immediate attempt and unseen at its distant repercussions, he introduced a methodological individualism. Bastiat also distinguished good economist from ...
Vor 2 Tagen · The Broken Window Fallacy is a common misconception in economics, which suggests that destruction can stimulate economic growth. This fallacy was first introduced by French economist Frédéric Bastiat in his 1850 essay "Ce qu'on voit et ce qu'on ne voit pas" (What is Seen and What is Not Seen). Understanding the Broken Window Fallacy
Vor 4 Tagen · Mutualism is an anarchist school of thought and anti-capitalist market [1] socialist [2] economic theory that advocates for workers' control of the means of production, a market economy made up of individual artisans and workers' cooperatives, and occupation and use property rights. As proponents of the labour theory of value and labour theory ...
Vor 3 Tagen · Readings: Bastiat, Frederic, Essays, What is Seen and Not Seen. Sections 1-2, paragraphs 1.1-1.36. Section 6, paragraphs 1.95-1.125. (LINK: http://www.econlib.org/library/Bastiat/basEss1.html ) Bastiat, F. Economic Sophisms, Chapter 7, “A Candlemakers’ Petition”. Chapter 8, “Differential Tariffs”.
Vor 2 Tagen · NEW YORK (dpa-AFX Analyser) - Die US-Bank JPMorgan hat die Einstufung für die Alphabet-C-Aktie auf "Overweight" mit einem Kursziel von 200 US-Dollar belassen. Analyst Douglas Anmuth zog in einer ...
Vor einem Tag · I gradually came to an understanding of what Claude-Frederic Bastiat, the French economist, meant when he said “when plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorises it and a moral code that glorifies it”.
Vor 4 Tagen · Frédéric Bastiat said that so much of the case for government is based upon looking at what's seen and ignoring what's unseen. I think this really goes for housing regulation. If you're looking ...
