Monday, August 29, 2011

The Broken Window Fallacy

On August 7, I called attention to the fallacy of Obama's policies. To win the game, "Cut the legs off Jordan," he says. Here.

Here's the fallacy that is running that thinking: The Broken Window Fallacy.

By this reasoning, total war and destruction will cure our problems and stimulate the economy. Oh my, ohmy, ohmy.

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