4 ms·

Broken window fallacy

• timwiseman 17y ago
  This does not apply in this case because it is bringing in resources from outside of the country. The broken window fallacy only applies in a relatively closed system. Of course, even if this DOES improve the economy (and I am not saying it will, just that it does not violate the broken window fallacy if it does) this was a horrible tragedy with an enormous deathtoll.
  • adharmad 17y ago
    Agreed..it does not seem to be broken window fallacy....sloppy on my part.
    • WalkingDead 17y ago
      I don't even understand the broken window fallacy. The broken window repair does seem to increase GDP, as long as G means Gross (Gross Domestic Product). Of course the net gain is zero, but that's not what GDP mean, I think.