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Disastrous Economic Fallacies - Terror as Stimulus?

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Uploaded on Mar 30, 2010

Do natural disasters, earthquakes, or wars stimulate an economy and create growth? Did World War 2 get the US out of the Great Depression? Frederic Bastiat explained why such thinking is fallacious. More information on the Bastiat Legacy Project is available at www.AtlasNetwork.org/BastiatLegacy, and for more videos like this from Atlas view www.vimeo.com/atlasagi

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