John Stossel on the Broken Window Fallacy

Posted: March 21, 2013 by ShortTimer in Economics, Journalism
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From a couple years ago, but vividly illustrated:

And the Broken Window Fallacy in a more classical sense, with the glazier and the baker, and the forgotten tailor explained how Henry Hazlitt explained it.

Comments
  1. owlworks says:

    Remember the “Summer of Recovery”? — http://wp.me/pPbDg-aG

  2. Right Thinking says:

    Reblogged this on The Jaded Swine.

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