13 ms·
Thank you, TIL about the parable of the broken window. I was thinking the same thing when reading the comments, surely that money would still benefit the econo
by haritha-j 6mo ago
Thank you, TIL about the parable of the broken window.
I was thinking the same thing when reading the comments, surely that money would still benefit the economy if say it was invested in the education of a child, but it would also act as a economic multiplier as the child can now contribute more to the economy.
But I never knew there was a term for it.
Especially this line really highlights it:
> by the 2000s, many Ghanaian hospitals were earning more from storing dead bodies than from treating living patients.
Surely those resources are better spent healing the living.