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Podcast: The Way the World Works: A Tuttle Twins Podcast for Families
Episode: What is The Broken Window Fallacy
Description: Every time an individual takes an action, there are consequences. Sometimes we can see the consequences of our actions immediately, like if we don't tie our shoe and then trip and fall down. Other times, it's more difficult to see the consequences of the things we do. Today we discuss what Frédéric Bastiat had to say about this phenomenon and how it leads many people astray.