Statements (55)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:Logic
|
gptkbp:can_lead_to |
misguided policy decisions
|
gptkbp:challenges |
the notion of job creation through destruction
|
gptkbp:concept |
insurance claims
microeconomics |
gptkbp:depicts |
the difference between visible and invisible effects
the importance of considering unseen consequences |
gptkbp:describes |
the misconception that economic activity is created by destruction
|
gptkbp:emphasizes |
the need for holistic economic analysis
|
gptkbp:encourages |
critical thinking in economics
|
gptkbp:example |
circular reasoning
|
gptkbp:highlights |
the fallacy of focusing only on immediate effects
|
https://www.w3.org/2000/01/rdf-schema#label |
The Broken Window Fallacy
|
gptkbp:is_a_caution_against |
short-term thinking in economics
|
gptkbp:is_a_concept_that_can_be_misunderstood_as |
support for economic interventionism
|
gptkbp:is_a_concept_that_can_be_related_to |
the law of unintended consequences
|
gptkbp:is_a_concept_that_can_be_used_to_argue_against |
the justification of war for economic gain
|
gptkbp:is_a_concept_that_encourages_analysis_of |
long-term economic impacts
|
gptkbp:is_a_concept_that_is_often_oversimplified_in |
gptkb:public_discourse
|
gptkbp:is_a_fallacy_that_can_be_countered_by |
understanding economic principles
|
gptkbp:is_a_fallacy_that_can_be_observed_in |
real-world economic scenarios
|
gptkbp:is_a_fallacy_that_can_lead_to |
inefficient resource allocation
|
gptkbp:is_a_foundation_for |
gptkb:Austrian_economics
|
gptkbp:is_a_key_argument_against |
destruction as a means of economic stimulation
|
gptkbp:is_a_principle_that_can_be_illustrated_by |
real-life examples of destruction
|
gptkbp:is_a_principle_that_can_be_illustrated_through |
case studies in economics
|
gptkbp:is_a_principle_that_highlights |
the difference between direct and indirect effects
|
gptkbp:is_a_principle_that_warns_against |
misinterpreting economic indicators
|
gptkbp:is_a_subject_of |
economists
economic education |
gptkbp:is_a_topic_that_can_provoke |
debate among policymakers.
|
gptkbp:is_a_topic_that_is_relevant_to |
economic recovery discussions
|
gptkbp:is_a_topic_that_raises_questions_about |
the role of government in the economy
|
gptkbp:is_applied_in |
natural disasters
|
gptkbp:is_associated_with |
the idea of creative destruction
|
gptkbp:is_cited_in |
economic growth
|
gptkbp:is_critiqued_by |
gptkb:Keynesian_economics
the broken window theory |
gptkbp:is_described_as |
the fallacy of composition
|
gptkbp:is_discussed_in |
economic literature
|
gptkbp:is_often_compared_to |
the broken window theory
|
gptkbp:is_often_discussed_in |
public spending
|
gptkbp:is_often_referenced_in |
libertarian economists
debates about economic stimulus |
gptkbp:is_often_seen_in |
support for laissez-faire economics
|
gptkbp:is_often_used_in |
economic policy analysis
criticize government spending |
gptkbp:is_recommended_by |
that broken windows do not benefit the economy
|
gptkbp:is_related_to |
opportunity cost
|
gptkbp:is_relevant_to |
public policy discussions
|
gptkbp:legal_principle |
business cycles
|
gptkbp:narrative |
the limitations of GDP as a measure of economic health
|
gptkbp:originated_in |
a parable by Frédéric Bastiat
|
gptkbp:bfsParent |
gptkb:Frederic_Bastiat
|
gptkbp:bfsLayer |
5
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