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The Broken Window

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Tags Free MarketsInterventionism

05/17/2019Henry Hazlitt

The broken-window fallacy, under a hundred disguises, is the most persistent in the history of economics. 

Excerpted from Economics in One Lesson, pp. 11-13.

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Author:

Henry Hazlitt

Henry Hazlitt (1894–1993) was a well-known journalist who wrote on economic affairs for the New York Times, the Wall Street Journal, and Newsweek, among many other publications. He is perhaps best known as the author of the classic, Economics in One Lesson (1946).

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