In the Texas section of today’s New York Times (p. 33A) under a four column picture of a fellow installing a new windshield is the headline “Big Rocks, Torn-Up Roads, Fragile Glass.” A sub-headline reads “An Oil Boom Can Be Good for All Kinds of Entrepreneurs.” One hardly has to read the article to know […]
via Bob McTeer's Economic Policy Blog http://economyblog.ncpa.org/the-broken-windshield-fallacy/
via Bob McTeer's Economic Policy Blog http://economyblog.ncpa.org/the-broken-windshield-fallacy/
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