The Broken Window Fallacy --Video

Disastrous Economic Fallacies --Terror as Stimulus?

This is a link to a very short video (courtesy of the Atlas Institute) that illustrates a point that shouldn't take very long to explain in the first place, and yet one that even Nobel Prize-winning economists like Paul Krugman cannot understand: namely, why the broken window fallacy is in fact a fallacy, or in other words, why destruction is not good for the economy (yes, this point is disputed by some, watch the video).