Economia
A Falácia da Janela de Vidro Quebrada (e como Paul Krugman também seguiu esta falácia em um infeliz artigo)
Genial!
Walter E. Williams: Economic lunacy
Trechos: Bastiat wrote a parable about this that has become known as the "Broken Window Fallacy." A shopkeeper's window is broken by a vandal. A crowd forms, sympathizing with the man, but pretty soon, the people start to suggest the boy wasn't guilty of vandalism; instead, he was a public benefactor, creating economic benefits for everyone in town. After all, fixing the broken window creates employment for the glazier, who will then buy bread and benefit the baker, who will then buy shoes and benefit the cobbler, and so forth.
Those are the seen effects of the broken window. What's unseen is what the shopkeeper would have done with the money had the vandal not broken his window. He might have employed the tailor by purchasing a suit. The broken window produced at least two unseen effects. First, it shifted unemployment from the glazier, who now has a job, to the tailor, who doesn't. Second, it reduced the shopkeeper's wealth. Explicitly, had it not been for the vandalism, the shopkeeper would have had a window and a suit; now, he has just a window.
The broken-window fallacy was seen in a column written by Princeton University professor Paul Krugman after the terrorist attack on the World Trade Center, "After the Horror" New York Times (Sept. 14, 2001). He wrote, "Ghastly as it may seem to say this, the terror attack -- like the original day of infamy, which brought an end to the Great Depression -- could do some economic good." He went on to point out how rebuilding the destruction would stimulate the economy through business investment and job creation. Again, do the smell test. If Krugman is right, wouldn't the terrorists have done us a bigger economic favor if they had destroyed buildings in other cities?
- O Keynesiano Tacanha
Existem pessoas de diversas ideologias, defendendo todo o tipo de tese e doutrina econômica, mas estou convencido que o grupo mais numeroso(ao menos no Brasil) é o dos keynesianos tacanhas. Os keynesianos tacanhas geralmente nem conhecem Keynes, mas...
- Coase Quer Nova Economia
Urging Economists to Step Away From the Blackboard By Brendan Greeley This year Coase, a professor emeritus at the University of Chicago Law School, is attempting to start a new academic journal ambitiously titled Man and the Economy. The premise:...
- Debate Entre Ron Paul E Paul Krugman Sobre A Política Macroeconômico Atual
Debate macroeconômico: Ron Paul contra Paul Krugman veja como "Ron Paul educates Paul Krugman on why we cannot inflate our way out of the economic crisis!"...
- Um País Grande Demais
O caso de dividir os Estados Unidos de América em regiões autônomas: Divided We Stand What would California look like broken in three? Or a Republic of New England? With the federal government reaching for ever more power, redrawing the map is enticing,...
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Impactos econômicos de choques tecnológicos Os australianos descobriram um método de transferir informação que, se ampliado, pode ser a solução definitiva para os problemas de transito ! Vendam suas açoes de montadores enquanto tem gente que...
Economia
A Falácia da Janela de Vidro Quebrada (e como Paul Krugman também seguiu esta falácia em um infeliz artigo)
Genial!
Walter E. Williams: Economic lunacy
Trechos: Bastiat wrote a parable about this that has become known as the "Broken Window Fallacy." A shopkeeper's window is broken by a vandal. A crowd forms, sympathizing with the man, but pretty soon, the people start to suggest the boy wasn't guilty of vandalism; instead, he was a public benefactor, creating economic benefits for everyone in town. After all, fixing the broken window creates employment for the glazier, who will then buy bread and benefit the baker, who will then buy shoes and benefit the cobbler, and so forth.
Those are the seen effects of the broken window. What's unseen is what the shopkeeper would have done with the money had the vandal not broken his window. He might have employed the tailor by purchasing a suit. The broken window produced at least two unseen effects. First, it shifted unemployment from the glazier, who now has a job, to the tailor, who doesn't. Second, it reduced the shopkeeper's wealth. Explicitly, had it not been for the vandalism, the shopkeeper would have had a window and a suit; now, he has just a window.
The broken-window fallacy was seen in a column written by Princeton University professor Paul Krugman after the terrorist attack on the World Trade Center, "After the Horror" New York Times (Sept. 14, 2001). He wrote, "Ghastly as it may seem to say this, the terror attack -- like the original day of infamy, which brought an end to the Great Depression -- could do some economic good." He went on to point out how rebuilding the destruction would stimulate the economy through business investment and job creation. Again, do the smell test. If Krugman is right, wouldn't the terrorists have done us a bigger economic favor if they had destroyed buildings in other cities?
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- O Keynesiano Tacanha
Existem pessoas de diversas ideologias, defendendo todo o tipo de tese e doutrina econômica, mas estou convencido que o grupo mais numeroso(ao menos no Brasil) é o dos keynesianos tacanhas. Os keynesianos tacanhas geralmente nem conhecem Keynes, mas...
- Coase Quer Nova Economia
Urging Economists to Step Away From the Blackboard By Brendan Greeley This year Coase, a professor emeritus at the University of Chicago Law School, is attempting to start a new academic journal ambitiously titled Man and the Economy. The premise:...
- Debate Entre Ron Paul E Paul Krugman Sobre A Política Macroeconômico Atual
Debate macroeconômico: Ron Paul contra Paul Krugman veja como "Ron Paul educates Paul Krugman on why we cannot inflate our way out of the economic crisis!"...
- Um País Grande Demais
O caso de dividir os Estados Unidos de América em regiões autônomas: Divided We Stand What would California look like broken in three? Or a Republic of New England? With the federal government reaching for ever more power, redrawing the map is enticing,...
-
Impactos econômicos de choques tecnológicos Os australianos descobriram um método de transferir informação que, se ampliado, pode ser a solução definitiva para os problemas de transito ! Vendam suas açoes de montadores enquanto tem gente que...