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Evening Chronicle letters, March
www.chroniclelive.co.uk
[ChronicleLive (blog)] - As early as the 19th century, Karl Marx condemned the anarchists for blowing up a baker's shop in London. Unlike a demonstration or a strike, when working people see their combined strength, these wasteful acts of individual action do nothing to raise
Up the Keynesians!
www.bullionvault.com
[BullionVault] - In his classic, Economics In One Lesson, Henry Hazlitt took up the story: "A young hoodlum, say, heaves a brick through the window of a baker's shop. The shopkeeper runs out furious, but the boy is gone. A crowd gathers, and begins to stare with quiet
Google News: Where in the World Should You Invest?
[IndUS Business Journal] - In Chapter 2, "The Broken Window," Hazlitt debunks the fallacy that a hoodlum throwing a brick through the window of a baker's shop is somehow good for the economy. Certainly the baker has to pay to have his window repaired, but now he only has his
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