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Disastrous Economic Fallacies

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

7 Comments »

  1. [...] series of video clips with Atlas that aim to take these fallacy-busting arguments viral. I’m far from the first person to link to this clip, and I’ll be far from the last. The belief that [...]

  2. [...] series of video clips with Atlas that aim to take these fallacy-busting arguments viral. I’m far from the first person to link to this clip, and I’ll be far from the last. The belief that [...]

  3. Thats a good article… would use it and link back.

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