General

Re: Broken Window Fallacy and Haiti

krazy kaju — Tue, 26 Jan 2010 02:30:40 GMT

True enough, but even without aid, one would expect these leftist "economist" types to exclaim that the destruction boost consumer spending over saving, thereby helping the economy of Haiti.

Re: Broken Window Fallacy and Haiti

laminustacitus — Mon, 25 Jan 2010 21:30:44 GMT

krazy kaju:

Just a thought that randomly occurred to me: I wonder why leftists are so insistent on sending aid to Haiti when all of them believe the broken window fallacy. Shouldn't Haiti's economy be booming, according to them?

I honestly don't believe that it is intellectually honest to state that "leftists" believe in the broken window fallacy as it would apply to the current situation. Even an ardent believe in the fallacy would state that Haiti's economy will boom after the disaster as a result in the necessary reinvestment, but he would not state that the economy would be booming now. In addition, there is no logical contradiction between the two positions; in fact, they are mutually compatible due to the fact that the aid will create a boom in the Haitian economy due to reinvestment.

Re: Broken Window Fallacy and Haiti

Giant_Joe — Mon, 25 Jan 2010 19:47:58 GMT

krazy kaju:

Just a thought that randomly occurred to me: I wonder why leftists are so insistent on sending aid to Haiti when all of them believe the broken window fallacy. Shouldn't Haiti's economy be booming, according to them?

Let my try their logic.

...

Stop being so heartless!!

Broken Window Fallacy and Haiti

krazy kaju — Mon, 25 Jan 2010 19:40:20 GMT

Just a thought that randomly occurred to me: I wonder why leftists are so insistent on sending aid to Haiti when all of them believe the broken window fallacy. Shouldn't Haiti's economy be booming, according to them?