The broken window fallacy as it relates to Japan

Discussion in 'Off Topic [BG]' started by bassrique, Mar 21, 2011.


  1. For those not familiar with the broken window fallacy, here's an explanation.

    In a nutshell, the idea is that the destruction of a store's window may help the window maker, but the shop keeper in the end has replaced a window he already had and did not better himself by using that money elsewhere.

    In this month's New Yorker, a financial writer makes the case that there are times when broken windows can be good for an economy.

    The whole article.
     
  2. Primary

    Primary TB Assistant

    Here are some related products that TB members are talking about. Clicking on a product will take you to TB’s partner, Primary, where you can find links to TB discussions about these products.

     
    Jul 28, 2021

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