policy Public Policy

Government decisions and their effects on society

format_quote Quotes

"Because it's always so attractive to be able to do good at somebody else's expense. That's the real problem of our government. Government is a way by which every individual believes he can live at the expense of everybody else. I'm just repeating what Bastiat said two centuries ago."

— Friedman, Milton event 1999

gavel Government Intervention emoji_events Incentives block Entitlement gavel Legal Plunder policy Public Policy

View Full Quote

auto_stories Books

Basic Economics: A Common Sense Guide to the Economy

person Sowell, Thomas event 2000

Comprehensive introduction to economic principles written for the general public, explaining how markets work and the effects of various economic p...

analytics Economics school Education policy Public Policy trending_up Free Market

That Which Is Seen, and That Which Is Not Seen

person Bastiat, Frédéric event 1850

Famous essay introducing the concept of opportunity cost and the broken window fallacy, arguing economists must consider both immediate visible eff...

error_outline Economic Fallacies visibility Seen and Unseen broken_image Broken Window Fallacy policy Public Policy

Economics in One Lesson

person Hazlitt, Henry event 1946

Classic introduction to economic thinking, demonstrating that good economics considers both the immediate effects and the longer-term effects on al...

school Economic Education report Fallacies error_outline Economic Fallacies trending_up Free Market policy Public Policy