Economy and Finance
As Hurricane Irma Bears Down on Florida, the Broken Window Fallacy Is Back
With Hurricane Irma bearing down on the southeastern United States this weekend, cue another round of economic illiteracy from pundits and officials who will try to argue that all those flooded homes, torn-off roofs, and broken windows are actually a good thing for the economy.
With Hurricane Irma bearing down on the southeastern United States this weekend, cue another round of economic illiteracy from pundits and officials who will try to argue that all those flooded homes, torn-off roofs, and broken windows are actually a good thing for the economy.
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