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Keyword: brokenwindowfallacy

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  • Krugman(?): If only the earthquake had done more damage, the economy would have gotten a boost

    08/23/2011 7:48:47 PM PDT · by RobinMasters · 45 replies
    Hot Air ^ | August 22, 2011 | ALLAHPUNDIT
    Via Timothy Carney, this appears to be real. Is it real or just a goof? Kevin Williamson isn’t sure and neither am I, but given that this is the same guy who fantasized recently about the Keynesian awesomeness of an alien invasion, it’s at least a toss-up. All day long I’ve felt relieved that the quake caused only very minor damage, but now suddenly I’m bummed that the Brooklyn Bridge didn’t fall into the river. Maybe we can get DHS or the NYPD to blow it up? That’s a few thousand jobs right there.
  • Economic Lunacy

    03/23/2011 4:40:11 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | Walter E. Williams
    Economic lunacy abounds, and often the most learned, including Nobel Laureates, are its primary victims. The most recent example of economic lunacy is found in a Huffington Post article titled "The Silver Lining of Japan's Quake" written by Nathan Gardels, editor of New Perspectives Quarterly, who has also written articles for The Wall Street Journal, Los Angeles Times, New York Times and Washington Post. Mr. Gardels says, "No one -- least of all someone like myself who has experienced the existential terror of California's regular tremors and knows the big one is coming here next -- would minimize the grief,...