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You're committing one of the oldest and most common Economic fallacies, the "Broken Window Fallacy". Bastiat's "That which is seen and that which is not seen"[1
by jacoblyles 16y ago
You're committing one of the oldest and most common Economic fallacies, the "Broken Window Fallacy". Bastiat's "That which is seen and that which is not seen"[1] or Hazlitt's "Economics in One Lesson" would help clear up your confusion, or just a good treatment of the Broken Window Fallacy[2].
[1]http://bastiat.org/en/twisatwins.html http://bastiat.org/en/twisatwins.html
[2]http://www.investopedia.com/ask/answers/08/broken-window-fallacy.asp http://www.investopedia.com/ask/answers/08/broken-window-fal...