rare on Nostr: “The most frequent fallacy by far today, the fallacy that emerges again and again ...
“The most frequent fallacy by far today, the fallacy that emerges again and again in nearly every conversation that touches on economic affairs, the error of a thou- sand political speeches, the central sophism of the “new” economics, is to concentrate on the short-run effects of policies on special groups and to ignore or belittle the long-run effects on the community as a whole.”
— Henry Hazlitt on #Bitcoin
Published at
2023-03-03 20:01:28Event JSON
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"content": "“The most frequent fallacy by far today, the fallacy that emerges again and again in nearly every conversation that touches on economic affairs, the error of a thou- sand political speeches, the central sophism of the “new” economics, is to concentrate on the short-run effects of policies on special groups and to ignore or belittle the long-run effects on the community as a whole.”\n\n— Henry Hazlitt on #Bitcoin",
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