Tag Archives: broken window fallacy

The Keynesian Solution To Malware

US agency baffled by modern technology, destroys mice to get rid of viruses | Ars Technica. Another story involving a sequence of events so entirely idiotic, it could only possibly occur in a government agency.  In the private sector, something … Continue reading

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The Broken Election Fallacy

Over the past week, the mainstream media has been wholly obsessed with the effects of Hurricane Sandy in the northeast, complete with the usual troop of Keynesian economists telling us that although loss of life is always tragic, this hurricane … Continue reading

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Storm Economics in One Lesson | Laissez-Faire Bookstore

Storm Economics in One Lesson | Laissez-Faire Bookstore. This amazing article by Jeffrey Tucker explodes, like, five fallacies in one essay.  Every time there’s a natural disaster, the economic know-nothings come out in force to spew nonsense about how it … Continue reading

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