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by spwa4
645 days ago
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... and this is called the "broken window fallacy". You're right in that you remark that it's less bad than it initially seems. Some wealth is indeed recovered when the broken window is repaired. However everyone is by necessity worse off than if you didn't break the window in the first place. https://en.wikipedia.org/wiki/Parable_of_the_broken_window |
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