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Opinion

Tsunami and the Broken Window

Among the many myths that persist when disaster strikes is the one that the consequences of the disaster will wind up being a blessing in disguise. Frederic Bastiat captured the essence of this idea in his 1850 essay, "That Which is Seen and That Which is Not Seen," perhaps better known as the Parable of the Broken Window, or the broken window fallacy.

Dr. Karen Y. Palasek

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Opinion

Film Industry Flim-Flam

Raise your hand if you watch TV. Keep it up. OK, now raise your hand if you watch "Dawson's Creek" or "One Tree Hill," especially because they were filmed in North Carolina. And finally, raise your other hand (if you have any left) if you know that the producers of "One Tree Hill" are threatening to leave the state.

Dr. Karen Y. Palasek