ECONOMICS FOR REAL PEOPLE: That Which is Seen, and That Which is Not Seen

Here’s the note about this week’s session with our friends at the Auckland University Economics Group…

In this week’s seminar we’ll be looking at one if the most prevalent fallacy in economics, which (when committed) leads to profound economic errors, and (when spotted) starts you thinking like a real economist.
First highlighted by French Economist Frederic Bastiat in the nineteenth century in his essay That Which is Seen, and That Which is Not Seen, the Broken Window Fallacy provides interesting insight into many of today's economic ideas and policies.
Come along to find out more about this idea, and discuss some of its important implications.
    Date: Thursday, March 13
    Time: 6pm-7pm
    Location: Room 040B, Level Zero, Owen G. Glenn, Business School, Grafton Rd, Auckland (plenty of 
                             parking in basement)
All welcome.
We look forward to seeing you there.