“The art of [good] economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.” – Henry Hazlitt, Economics in One Lesson. What is true for honest individuals should … Continue reading Affordable Housing and Financial Common Sense – Good Policies and Economics Consist of Considering Immediate and Long Term Effects for All, Not Just Some Favored Group(s) – Hazlitt, Bastiat