That Which is Seen, and That Which is Not Seen

By Frédéric Bastiat


A short political essay by Bastiat, on effectively double-entry accounting for economics and monetary policy, and some of the economical fallacies that those who ignore “that which is not seen” fall afoul of. Similar to The Law also by Bastiat, I found this generally convincing and well-reasoned, but again with the occasional argument that was too idealistic and did leave itself open to questioning.