“The Broken Window Fallacy”

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By: Trevor Loudon
New Zeal

I love the simplicity and power of free market economics.

This video dispels one of the maddest socialist myths of our time – that destruction of wealth stimulates economic growth.

If you are crazy enough to believe this – send me all your money today. I guarantee it will make you richer.

Note: a little quote here from Nobel Prize winning Marxist economist and JournoList member Paul Krugman. According to Krugman, the destruction of the Twin Towers on 9/11 “could do some economic good.”

This video proves, as any five year old knows, if you want to create wealth, make new wealth.

Simple huh?

Not to a Marxist economist it isn’t.

One thought on ““The Broken Window Fallacy”

  1. Pingback: Tweets that mention » “The Broken Window Fallacy” NoisyRoom.net: The Progressive Hunter -- Topsy.com

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