Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: MrShoop

The “Broken Window Theory” ALWAYS destroys wealth, and it results in a lower standard of living. There is nothing good about destruction.


15 posted on 08/26/2011 9:39:14 AM PDT by CGalen
[ Post Reply | Private Reply | To 13 | View Replies ]


To: CGalen
The “Broken Window Theory” ALWAYS destroys wealth, and it results in a lower standard of living. There is nothing good about destruction.

The thing about production is if you don't end up with a net GAIN of value then you did not really help things. Breaking a perfectly good window negates the value of replacing it.
16 posted on 08/26/2011 9:46:56 AM PDT by TalonDJ
[ Post Reply | Private Reply | To 15 | View Replies ]

To: CGalen

That’s only true if you look at the standard of living in aggregate. If all windows are made in china, and a bunch of windows are broken in the US, the world as a whole loses, because wealth is destroyed. But, if you just look at GDP for China, it will have gained, and if you just look at the US, it will have taken a double hit.


19 posted on 08/26/2011 9:53:19 AM PDT by Wayne07
[ Post Reply | Private Reply | To 15 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson