Created:
2005-Aug-31
by Jim Luke.
Micro
Economics
Part I
Unit 2
Slide
14
Question:
Bastiat’s Fallacy of the Window:
A child throws a brick though a
window.
The owner pays a
glazier to replace the window.
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Who gains?
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Who loses?
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Was there economic
“growth” and production?
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Examples of the fallacy?
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