In An Economy, An Act, A Habit, An Institution, Or A Law, Gives Birth Not Only To An Effect, But To A Series Of Effects. Of These Effects, The First Only Is Immediate; It Manifests Itself Simultaneously With Its Cause - It Is Seen. The Others Unfold In Succession - They Are Not Seen. Now This Difference Is Enormous, For It Is Often True That When The Immediate Consequence Is Favorable, The Ultimate Consequences Are Fatal, And The Converse.
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In An Economy, An Act, A Habit,
Frederic Bastiat
In An Economy, An Act, A Habit, An Institution, Or A Law, Gives Birth Not Only To An Effect, But To A Series Of Effects. Of These Effects, The First Only Is Immediate; It Manifests Itself Simultaneously With Its Cause - It Is Seen. The Others Unfold In Succession - They Are Not Seen. Now This Difference Is Enormous, For It Is Often True That When The Immediate Consequence Is Favorable, The Ultimate Consequences Are Fatal, And The Converse.
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