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Broken Windows is actually not a fallacy (classic Keynsian vs Hayek argument) If past decade has proven anything. Keynsian economic policies worked (printing m
by qroshan 7y ago
Broken Windows is actually not a fallacy (classic Keynsian vs Hayek argument)
If past decade has proven anything. Keynsian economic policies worked (printing money forcing people to spend) while a Austrian Austerity would have been disastrous.
Again, HN will not understand the side effects of destroying a major ecosystem. They all think they are much smarter and can stand on their own and VC money has no effect on their livelihood and it's their superior linux skills that keep them making tons of money
- beagle3 7y agoThe past decade has proven that central banks can keep a system afloat for a decade. It remains to be seen if it proves anything else.