Econ – Broken Window Fallacy

What is a fallacy?

Why, in the long run, does war not help the economy of all participants?

Broken Window Fallacy

Response Question – Do you agree or disagree with the Broken Window Fallacy? Explain in 4-6 sentences.

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15 thoughts on “Econ – Broken Window Fallacy

  1. No because When you have to break something to get the flow of money going you are still losing money by breaking that thing. I think there has to be some other way to get the flow of money going without having to break something or go to war. The jobs that will be lost once the demand has gone down so we would be right back were we started.

  2. I think I agree that the Broken Window Fallacy works in getting the economy moving which makes it improve. But I don’t believe that it is the best and most efficient way. It may be the fastest, but the economy would have more meaningful, solid improvement from more slow and sturdier ways. In the long run, the economy will do better without a “broken window” event.

  3. I think it can go both ways. I don’t agree with destroying things just to try to benefit from them. There are other ways and we can find other ways to find things that will help us and our economy. There are some good things that can come out of war.Yet, nothing says that we couldn’t find other ways to get those same exact things. It may be more difficult, but we can find things ourselves instead of tearing down others to get it.

  4. I disagree with the Broken Window Fallacy. There are better things that we can do to make money without destroying things. We can also put money into other things rather than spending it on fixing something thats been broken or destroyed. We don’t have to go to war just to have more money.

  5. I think destroying things makes the economy worse. As the guy in the video said, the money used to fix the window could have been used in many other ways. It could have went towards someone starting a new business, The money from that business could go to millions of things. It could be donated, used for another person to start their own business, and so on.

  6. I disagree with this solution of a way to fix things. Because if you just keep breaking things there would be a bunch of stuff just sitting around that you wouldn’t be able to reuse. it would be better to come up with a better way to come up with jobs or whatever.

  7. I would have to disagree with the broken window fallacy. Breaking things is not the answer to finding ways to make more money and more jobs. If the world were to actually use the broken window fallacy, we would be teaching our young ones to break stuff that isn’t necessary.

  8. I disagree with the Broken Window Fallacy, because It seems like it a giant “what-if” situation. It all relies on ‘if’ something bad happens, then ‘if’ the things will work out the way we want them too. In many cases it seems like the situation might not work out and all we would have left is something ruined.

  9. I agree that it is a fallacy. Because if you would break windows it would waste our resources. And it does not help out economy. If the window doesn’t get broken then they can save the resources used to make a new window and still spend the money in a different place creating different jobs.

  10. I don’t agree with the broken window fallacy. Because it’s just masking the problem for short time. It also lets the kid think they can brake every window in the world.

  11. I don’t agree with the broken window fallacy. Even though it could create a lot of jobs, there are better ways to create those jobs. It can also waste resources. There are better ways to create jobs that don’t waste resources.

  12. It does not help out economy. That is what we have natural disasters for. He/she could spend their money on other things rather than a window.

  13. I think that it is bad and it does not help with out with the economy. It only harms it and is not doing anything. People shouldn’t break windows to get money.

  14. It doesn’t help our economy. People could use there money for other things. You could create more jobs for people by adding on to things. There is no point in breaking windows because it wastes resources.

  15. I do not agree with the broken window fallacy. I don’t think it is good for our economy. It may help at first but it will crash again over time. The money being waisted in the broken window fallacy could be used for other things that would actually be good for our economy.

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