Wednesday, December 14, 2011

Chart of the Day #2


The whole of economics can be reduced to a single lesson, and that lesson can be reduced to a single sentence. The art of economics consists in looking not merely at the immediate but the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups. -- Henry Hazlitt;  Economics in One Lesson

Not to worry. The Rich will cover it.




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