Quote:
Originally Posted by alexamenos
Classic broken window fallacy. (funny...just noticed that this same Krugman quote is actually cited in the wikipedia article on the parable of the broken window as a classic example of a broken window fallacy....great minds)
It's really astounding that a Nobel prize winning ny times op-edding economist can be this bad. It's typically Keynsian, unfortunately...
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That link was a really enjoyable read. Thanks.