broken window fallacy

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf economic fallacy
gptkbp:criticizedFor belief that spending on repairs stimulates economic growth
gptkbp:describedBy gptkb:Frédéric_Bastiat
gptkbp:describes misconception that destruction benefits the economy
gptkbp:example opportunity cost
repairing a broken window
gptkbp:field economics
https://www.w3.org/2000/01/rdf-schema#label broken window fallacy
gptkbp:introducedIn gptkb:That_Which_is_Seen,_and_That_Which_is_Not_Seen
gptkbp:opposedBy Keynesian stimulus argument
gptkbp:relatedTo parable of the broken window
unseen costs
gptkbp:usedIn arguments against war as economic stimulus
arguments against disaster recovery as economic benefit
gptkbp:bfsParent gptkb:That_Which_Is_Seen,_and_That_Which_Is_Not_Seen
gptkb:Economics_in_One_Lesson
gptkbp:bfsLayer 7