Difference between revisions of "Important classes of exceptions to the broken window fallacy."

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Other examples of this principle (fixing suboptimal usage) include:
 
Other examples of this principle (fixing suboptimal usage) include:
 +
* Any renovation.
 
* "Creative destruction" in capitalism, where existing firms are destroyed in competition.
 
* "Creative destruction" in capitalism, where existing firms are destroyed in competition.
 
* Redistribution of land to those who will use it, as during the American Revolution.
 
* Redistribution of land to those who will use it, as during the American Revolution.

Revision as of 22:49, 29 November 2014