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rdubwiley

(518 posts) Sun Jun 9, 2013, 06:19 PM Jun 2013

Critique of Libertarian Economics

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Critique of Libertarian Economics (Original Post) rdubwiley Jun 2013 OP

I think you are missing the point of the Broken window fallacy rastaone Jun 2013 #1

rastaone

(57 posts)

1. I think you are missing the point of the Broken window fallacy

Reply to rdubwiley (Original post)

Mon Jun 10, 2013, 10:49 AM

Jun 2013

See, it is used to debunk the idea that war, natural disasters, spending money for the sake of spending money can be used to stimulate the economy. Its not about taxes per say because taxes are actually used for productive endeavors like education, roads, healthcare etc etc, it doesn't destroy anything. Do you believe that world war II brought us out of the great depression? then the reply is for you.

You can see a real example of a real world broken window fallacy in the link above.

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