4 ms·
It's actually not--you're misunderstanding the broken window fallacy. The classic example goes like this: "Let's break windows and hire people to replace them!
by achompas 15y ago
It's actually not--you're misunderstanding the broken window fallacy.
The classic example goes like this: "Let's break windows and hire people to replace them! That's a stimulus!" OP did not suggest digging holes into the street and filling them, however--fixing road wear-and-tear is an investment in public infrastructure.
- JeffL 15y agoMaybe I misunderstood, but I got the feeling from the OP I was responding to that he was suggesting we fill more potholes in order to stimulate the economy. I'm kind of working off the assumption that we are already filling the important potholes often enough, so filling more potholes just to spend money sounds like make-work.
- achompas 15y agoThat's a good take, but the broken window fallacy assumes the intentional destruction of previous output. Thanks for clarifying your point.