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<p>[QUOTE="Troodon, post: 26072559, member: 4626"]Ever hear of the parable of the broken window? To make the story short, a kid breaks a window, and people argue what he did was a good thing because of all of the economic activity stimulated because of the need to fix the window. The reason why it's a fallacy is because if the window didn't need to be fixed, all the labor and resources used to fix the window could have been instead used for things more productive and beneficial. The town's economy is overall poorer by the cost of fixing the window.</p><p><br /></p><p>If people didn't have those jobs and tasks they could instead have jobs and tasks that are more productive and beneficial to both themselves and the economy as a whole. Because of lost opportunity costs, destruction, and in this case waste, are net negatives to the economy. Conversely eliminating or at least reducing waste is a net positive.</p><p><br /></p><p><a href="https://en.wikipedia.org/wiki/Parable_of_the_broken_window" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Parable_of_the_broken_window" rel="nofollow">https://en.wikipedia.org/wiki/Parable_of_the_broken_window</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 26072559, member: 4626"]Ever hear of the parable of the broken window? To make the story short, a kid breaks a window, and people argue what he did was a good thing because of all of the economic activity stimulated because of the need to fix the window. The reason why it's a fallacy is because if the window didn't need to be fixed, all the labor and resources used to fix the window could have been instead used for things more productive and beneficial. The town's economy is overall poorer by the cost of fixing the window. If people didn't have those jobs and tasks they could instead have jobs and tasks that are more productive and beneficial to both themselves and the economy as a whole. Because of lost opportunity costs, destruction, and in this case waste, are net negatives to the economy. Conversely eliminating or at least reducing waste is a net positive. [URL]https://en.wikipedia.org/wiki/Parable_of_the_broken_window[/URL][/QUOTE]
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