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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (751339)11/5/2013 5:45:42 PM
From: neolib  Read Replies (1) of 1576160
 
No economist has ever answered that problem IMHO. There are tons of human activities which could be cast as breaking windows, yet they also contribute economic to activity.

Take sports. Fundamentally is there any difference between chasing a ball around and breaking windows? We could sell tickets to watch windows being broken. We could celebrate champion window breakers. You could buy memorabilia of our favorite window breaking team.

Its a mistake to think that one can simply declare what is and what is not contributing to the economy. Its pretty clear that some activity has net greater positive impact on the economy than other activities, but breaking windows certainly can be positive as well. Detail matters, and accounting for all the details is not easy, especially when much of economics is really psychology. If people get warm and fuzzy feelings from breaking windows its no different than the warm and fuzzy feelings which motivate them to any other economic activity. If you go a step past that the warm and fuzzy part and the motivation don't matter either, its simply whether they engage in the activities.
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