That Which Is Seen And That Which Is Not Seen by Frédéric Bastiat
The book explores the concept of opportunity cost and the unintended consequences of economic decisions. It emphasizes the importance of considering not only the immediate and visible effects of an action but also the hidden and long-term impacts that are often overlooked. Through a series of illustrative examples, the author argues that many economic policies, particularly those involving government intervention, can lead to negative outcomes that are not immediately apparent. The work advocates for a more comprehensive understanding of economic activity, urging individuals and policymakers to consider both the seen and unseen effects of their choices.
- Published
- 1850
- Nationality
- French
- Length
- Very Short
- Pages
- 50-100
- Original Language
- French
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- Alternate Titles
- None
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