Visitors Now: | |
Total Visits: | |
Total Stories: |
Story Views | |
Now: | |
Last Hour: | |
Last 24 Hours: | |
Total: |
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Sheldon Richman
Laissez Faire Books
The heinous shootings by young people at public schools around the country have predictably renewed calls for more gun control. Advocates of gun bans commit a classic fallacy that is usually associated with economic policy. But it fully applies to all government policy, including gun control.
In the 19th century, the French economist Frederic Bastiat explained that in order to understand the consequences of a policy, you must consider both “what is seen and what is unseen.” This was also the “one lesson” taught by Bastiat’s intellectual descendant, Henry Hazlitt, in his famous book Economics in One Lesson. Hazlitt identified the “persistent tendency of men to see only the immediate effects of a given policy, or its effects only on a special group, and to neglect to inquire what the long-run effects of that policy will be, not only on that special group, but on all groups. It is the fallacy of overlooking secondary consequences.”
2013-05-01 17:46:47
Source: http://silveristhenew.com/2013/05/01/the-seen-and-the-unseen-in-gun-control/