A few days ago I wrote a little post on the importance of hats. The reflection which this occasioned inspired me immediately to walk uptown and find myself a new Greek fisherman’s hat to replace the one which last winter I accidentally left behind in a local diner, where it was probably mistaken for food. [...]
Filed under: Barry Goldwater, economics, Frederic Bastiat | Tagged: Barry Goldwater, Broken Window Fallacy, economics, Frederic Bastiat, hats | 5 Comments »