"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Washington Post: "War With Iran Would Rescue Economy"
Submitted by Mike Powers on Mon, 2010-11-01 03:00
There are plenty of economic fallacies out there, and this is a big one. Fortunately, Bastiat's parable of the broken window easily dispels this myth.
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