I just fresh signed up with this site and happen to currently be in a discussion with a guy at work who i will call “Mark”. I sent him an email containing Lew Rockwell’s article on where he talks about the broken window fallacy. http://www.lewrockwell.com/rockwell/broken-window.html The following i…

Wow, the government with their “new money” comes in, loads up their trick “money multiplier” and abolishes scarcity! With the all powerful, benevolent government – “new money” in one hand, “money multiplier” in the other – the broken window could be fixed, a new shop built, and BOTH the shopkeeper …

Gah. He obviously hasn’t read the entire article. Where does the money for unemployment benefits come from in the first place, buddy? Edit: Whoops, I didn’t notice the second page. Now I feel like a copycat.

Hey HeathieAK! You also live in Alaska, I presume? I am from Fairbanks. Anyway, I have a question for you: have you carefully explicated that taxation, being theft, is itself a Broken Window Fallacy?

I’ve challenged the broken window fallacy here: https://forum.freecapitalists.org/t/permanent-keynesian-refutation-thread/5088/63 Maybe the discussion there will help you understand the issues involved and determine what exactly is being contested.

Hey! i have some bitter-sweet news: I work four days a week and today is my “Friday” Mark doesn’t go on the computer unless he is at work so our debate (and his holding onto his ego for dear life) will have to continue on Monday. Some of your points really stirred me, and i want to let you know. A…

@Heathie: Frederic Bastiat wrote the essay from which the Broken Window originates. It is called That Which is Seen and That Which is Not Seen . When you have time, I recommend reading the whole thing because Bastiat is a very conversational writer. What’s amazing is that these same arguments have be…

I honestly see it as “a war of attrition”. People often need time for new ideas to sink in - assuming they’re at all open-minded. A tax dollar is not a new dollar into the economy. Neither is a borrowed dollar. The only new dollars put into an economy are those created from thin air. Doing this i…

Why does he now put the word “new” in quotes? Either they’re new or they aren’t, right? I think he should make up his mind. As I’ve already mentioned, there are no new dollars unless they’re created out of thin air . So where did the government get the money from? If it came from taxes, then gues…

Your “challenge” is a clear-cut example of the nirvana fallacy .

Discussing with a Keynesian -broken window fallacy..need some help!

Economics Economics Questions

John_James October 21, 2011, 1:01am 23

It’s gonna be a lot of fun having you around. Glad you found our little corner.

Don’t forget to check out the new member thread for tips about using the forum.

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Discussing with a Keynesian -broken window fallacy..need some help!

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