In 1850 Frederic Bastiat wrote "the parable of the broken window" about an economic fallacy, link: http://en.wikipedia.org/wiki/Parable_of_the_broken_window. Junior at Jr. Deputy Accountant has a 4 February 2009 post about someone applying this, link: http://jraccountant.blogspot.com/2009/02/stimulate-your-own-damn-economy.html. Read it. You need a good a good laugh.
Thursday, February 19, 2009
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Sure... we could have full, perpetual employment without any property boundaries...
Break all the windows... plenty of work for the glass shops... or better yet just replace all the windows... no need to be broken... makey work...
National Bureau of Makey Work...
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