Commentary
In economics, the first lesson I taught my pupils is the lesson of things that are seen and things that are not seen. Actions have some effects that are readily apparent, and others that are overlooked or not perceived.
Vietnam War veterans salute at the Vietnam Veterans Memorial on the National Mall in Washington on Nov. 11, 2013. Chip Somodevilla/Getty Images
Mark Hendrickson
contributor
Mark Hendrickson is an economist who retired from the faculty of Grove City College in Pennsylvania, where he remains fellow for economic and social policy at the Institute for Faith and Freedom. He is the author of several books on topics as varied as American economic history, anonymous characters in the Bible, the wealth inequality issue, and climate change, among others.
