Check out this video called ‘Disastrous Economic Fallacies- terror as stimulus?‘ on You Tube.It clearly explains why those who believe that destruction can lead to overall economic good are actually not paying attention to all the economic loss which remains unseen. This is explained using a story by Frederic Bastiat, 1801-1850 called broken window. Enjoy!
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The opinions expressed in this essay are those of the authors. They do not purport to reflect the opinions or views of CCS.