Content has been updated elsewhere, would you like to reload?

*** Warning: If you do not reload, you may be editing obsolete contents. This may cause you to lose recent changes.

Yes, reload    |    No, keep this older content
  • "That Which Is Seen, and That Which Is Not Seen" is an 1850 essay by Frédéric Bastiat. Often summarized as the "Broken Window Fallacy," this classic and witty essay inspired Henry Hazlitt's 1946 book Economics in One Lesson that is still popular today. I bookmark various book formats, including audios and introductory videos. You can read or listen to the full translated essay in Dishes 3 to 6.

  • To answer these questions about economics:

    • What is the Broken Window Fallacy?
    • How is it related to the classical economics essay "That Which Is Seen, and That Which Is Not Seen," by Frédéric Bastiat?
    • What does the essay talk about?
    • How can we use video, audio, to help understand the essay?
    • How is the popular economic book Economics in One Lesson, written in 1946 by Henry Hazlitt related to this essay?

    Note there are two translations for this 1850 French essay. The  Patrick James Stirling is more popular, but the Seymour Cain translation seems to be easier to read.

  • Chop 2 : Parable of the broken window - Wikipedia, the free encyclopedia

  • An analysis of the ideas behind the essay.

  • The parable of the broken window was introduced by Frédéric Bastiat in his 1850 essay Ce qu'on voit et ce qu'on ne voit pas (That Which Is Seen and That Which Is Unseen) to illustrate why destruction, and the money spent to recover from destruction, is actually not a net-benefit to society. The parable, also known as the broken window fallacy or glazier's fallacy, demonstrates how opportunity costs, as well as the law of unintended consequences, affect economic activity in ways that are "unseen"
  • Chop 4 : The Broken-Window Fallacy

  • A more sophisticated critique of the Broken Window Fallacy, in the context of today's economic debate.

  • Let us review Bastiat's original lesson and apply it to modern-day disputes over the possible benefits of destructive events.
  Desserts  References and More

You are welcome to

  • Sign in through   Sign in or sign up with your Facebook account   Sign in or sign up with your Google account   Sign in or sign up with your Amazon account
  • Create your own Web list!
  • Save this into your reading list.
  • Write a comment below.
  • Share this Web list through email or with other Readish users.
Course info
5  7  1  12  0
Language: EnglishThis course is owned by Rothy
By Rothy

Suggested courses    Hide
  • Move to:
Open All         >>