Watch: The Broken Window Fallacy

What exactly is the economic cost of a broken window? Given this year’s propensity towards rioting and looting, this question could not be more relevant. This short video explains a common logical fallacy that politicians make every day. This is adapted from the work Frederic Bastiat, of one of the first libertarian philosophers.

This short video explains one of the most persistent economic fallacies of our day.

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Chris Spangle is the publisher and editor of We Are Libertarians, a news site and podcast that covers national and Indiana politics from the libertarian perspective. Spangle previously worked in marketing for the Englehart Group on behalf of the Advocates for Self-Government. He also served as the Executive Director of the Libertarian Party of Indiana and producer of the Abdul in the Morning Show. He now works as the web director of a nationally syndicated morning show.

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