The city of Baltimore is in a state of panic, destruction and violence. All over the city, there are broken windows everywhere, whether they’re stores, homes or vehicles. As the entire world has seen, protesters are simply wreaking havoc on the city, but that shouldn’t bother Keynesians like Paul Krugman because it’ll stimulate the economy. Of course, Krugman probably hasn’t read the Broken Window Fallacy.
Be sure to read: 10 economic fallacies that have led to the economic collapse in America and 11 reasons why Austrian Economics is superior to Keynesianism
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