Buying Local and Blocking Out the Sun
This week in Ethics & Economics Challenge, we read part of Frederic Bastiat’s satirical essay, “The Candlemakers’ Petition.” In it, the French “petitioners” seek a new law forcing everyone to block sunlight out of buildings. As a result of the law, people will have to buy lots of candles and candelabras, creating a “multiplier effect” that will result in more […]
Read more