Analysis Of What Is Not Seen By Bastiat

According to “What is seen and What is not seen”, Frederic Bastiat analyzes how self-interest influences the consequences to our actions in the economy. There are two different sides to the consequences, what is seen and what is not seen. Our actions are motivated by self-interest and produce different results, such as what happens when we choose to spend money. In the broken window example, given by Bastiat, James Goodfellow had to spend money to fix the broken window. When he spends money, it contributes to the industry. These are what is seen. However, what is not seen is that James Goodfellow cannot spend that money on something else. Bastiat provides more situations in the economy, which has consequences that can be seen and cannot be