Mises Daily
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
19th-century French economist Frederic Bastiat and then retold by Henry Hazlitt in Economics in One Lesson (1946). In the story, a boy throws a rock through the window, extracted to pay for the goods or services). Government spending doesn’t “spur” economic growth; it only diverts resources from more desirable to less desirable uses. Sadly,