Thursday, July 1, 2010

Broken Window Fallacy

Mind you, I've never heard anyone make the argument in the cartoon below. But if you hear it, you can make the counter argument.
9 to 5
By the way, the story that gives name to the broken window fallacy comes to us from Frederic Bastiat (beginning paragraph 1.6).


William Polley said...

That is very refreshing. Cartoons, especially the single-panel editorial variety are known for their use of irony. By illustrating the happy executive touting his job-creating pollution, the cartoonist is taking a jab at all those who uncritically repeat the broken-window fallacy. The reader is placed in the position of the sad faced guy walking in the door who realizes he's dealing with an idiot.

The cartoonist isn't making the broken-window argument. He's skewering it.

Tim Schilling said...

Thank you, Bill. Good to hear from you. It's been a while.

I enjoy your blog, as well.