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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 co
by 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.