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
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Through the Parable of the Broken Window, Bastiat introduces the ec…
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Out of Bounds (Window) Ending - The Stanley Parable Guide - IGN
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This is a parable coming to life: Gentiles (the silver) can be saved at the end, but the Most High Yah comes back for the gold. The gold bag is bigger because we're the reason why Yah's coming back. He promised us. #Parable #Gentiles #Salvation #MostHigh #Yah #Gold #Promise | Yahudim Helping Hand Ministry & Academy | Facebook
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19K views · 339 reactions | 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 | Facebook
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19K views · 339 reactions | 215 years ago today, French economis…
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