http://peacefulanarchism.com/wp-content/uploads/2018/06/Car-Accident-and-Broken-Window-Fallacy.mp3 My friend got into a car accident. Is this good for the economy? Is he stimulating the car manufacturing sector? Should he thank the person who totaled his car? This is a clear example of the broken window fallacy and the principle of the seen versus the unseen. Wealth has clearly been destroyed. The […]