Businessman Hologram Economics - Parable of the broken window
0:13
Businessman Hologram Economics - Parable of the broken window
Dec 24, 2018
AdobeAlpha Footage Studio
Through the Parable of the Broken Window, Bastiat introduces the economic concept of Opportunity Cost. The parable describes a shopkeeper's son accidentally breaking his father's window. The spectators at the scene thought this was a good thing, as the glazier now had work. However, Bastiat says that "this theory is confined to what is seen; it does not take into account what is unseen". What is not seen is that the money, now spent on repairing the destruction, could otherwise have been used pr
0:24
Through the Parable of the Broken Window, Bastiat introduces the economic concept of Opportunity Cost. The parable describes a shopkeeper's son accidentally breaking his father's window. The spectators at the scene thought this was a good thing, as the glazier now had work. However, Bastiat says that "this theory is confined to what is seen; it does not take into account what is unseen". What is not seen is that the money, now spent on repairing the destruction, could otherwise have been used pr
2.6K viewsApr 3, 2024
FacebookStudents For Liberty
Out of Bounds (Window) Ending - The Stanley Parable Guide - IGN
Out of Bounds (Window) Ending - The Stanley Parable Guide - IGN
Apr 27, 2022
ign.com
Professor Art Carden visits Bastiat's famous Parable of the Broken Window to explain why not all forms of spending are equal. | Learn Liberty
3:09
Professor Art Carden visits Bastiat's famous Parable of the Broken Window to explain why not all forms of spending are equal. | Learn Liberty
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FacebookLearn Liberty
The Broken Window Fallacy - Economics Help
4:10
The Broken Window Fallacy - Economics Help
May 3, 2021
economicshelp.org
215 years ago today, French economist Frédéric Bastiat was born. Celebrate by learning about Bastiat's most famous parable, "the broken window fallacy," with professor Art Carden. | Learn Liberty
3:10
215 years ago today, French economist Frédéric Bastiat was born. Celebrate by learning about Bastiat's most famous parable, "the broken window fallacy," with professor Art Carden. | Learn Liberty
20K viewsJun 30, 2016
FacebookLearn Liberty
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