That Which Is Seen, That Which Is Not Seen The Broken Window Fallacy, and Other Articles by Frédéric Bastiat

Frederic Bastiat is well known for his 'broken window' parable. 'What is seen' is plain enough: the broken window. 'What is not seen' requires some imagination and curiosity, but is nonetheless real: the things not purchased because the money had to be used for the window, and other unintended consequences.