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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (751339)	11/5/2013 5:45:42 PM
From: neolib	Read Replies (1) \| Respond to of 1576113

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.

To: Tenchusatsu who wrote (751339)	11/5/2013 7:50:18 PM
From: koan	Read Replies (1) \| Respond to of 1576113

God god, you present me with an 1850 idea about a science in its infancy as the final word and greast fevelation. You don't think our understanding of economics has not grown since then. That parable is a very primitive and simplistic idea. You dis the modern economists. You dis the modern climate scientists. You think you understand way more than you do. You are so sure of yourself. The greatest economists say they don't know it all and the subject is still evolving. The worst thing one can be is so sure of themselves they don't allow for being wrong. <, Education is a progressive discovery of our own ignorance. Will Durant Read more at http://www.brainyquote.com/quotes/authors/w/will_durant.html#X6hip3UXeBJMv01O.99