lifestyle leader

And here I was thinking I was clever by quoting Frédéric Bastiat last week. Since then, I've been tripping over his name in articles debating this or that policy measure - and no surprise, as the man is great for a quote.

But here's a Wiki-article worth reading: Bastiat's parable of the broken window. It's a helpful story for anyone who'se feeling over-stimulated by the stimulus debate.

Also Greg Mankiw reports on a modern-day example of the broken window fallacy literally put into action.