Thursday, August 05, 2010

"Stimulus?"

The Broken Window Fallacy


Via Newsbusters:

“ Liberals are constantly insisting that government spending will stimulate the economy and create lots of jobs. Here is all you need to know to realize how wrong that theory is:
 ”

8/05/2010 08:48:00 AM 3 Comments

"If the number of Islamic terror attacks continues at the current rate, candlelight vigils will soon be the number-one cause of global warming. "
Argus Hamilton


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3 comments:

Anonymous said...

It would have been a better video if the damn music wasn't louder than the audio trying to explain what was going on.

8/5/10, 11:16 AM
Kristophr said...

Nuking a city does stimulate new construction ...

Mind you, you are still out the cost of rebuilding a city, the original value of the city, and all the lives lost.

Having the money spent on a gigantic Obama statue would have been cheaper in the long run.

8/5/10, 1:43 PM
Tony Neville said...

Here's a link to a pdf of Henry Hazlitt's Keynesian smashing book "Economics in One Lesson"

8/6/10, 2:03 AM

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