Disastrous Economic Fallacies

On March 31, 2010, by admin

Do natural disasters, earthquakes, or wars stimulate an economy and create growth? Did World War 2 get the US out of the Great Depression? Frederic Bastiat explained why such thinking is fallacious. More information on the Bastiat Legacy Project is available at www.AtlasNetwork.org/BastiatLegacy, and for more videos like this from Atlas view www.vimeo.com/atlasagi