Sunday Scholar: Frederic Bastiat "The Broken Window"

Frederic Bastiat was a French classical liberal theorist, political economist, and member of the French assembly. He was notable for developing the important economic concept of opportunity cost, and for penning the influential Parable of the Broken Window. His ideas have gone on to provide a foundational basis for libertarian and the Austrian schools of thought.

The Broken Window by Frédéric Bastiat




John Stossel's Broken Window Fallacy