Cash for Clunkers perfectly exemplifies the broken window fallacy in action. The government spent $3...
Shared by Handre @@Handrev on X
Cash for Clunkers perfectly exemplifies the broken window fallacy in action. The government spent $3 billion to destroy 690,000 perfectly functional vehicles, claiming this would "stimulate" the economy by forcing people to buy new cars. What they actually did was obliterate
Cash for Clunkers perfectly exemplifies the broken window fallacy in action. The government spent $3 billion to destroy 690,000 perfectly functional vehicles, claiming this would "stimulate" the economy by forcing people to buy new cars. What they actually did was obliterate
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