The Kristin Storm, GDP, and the Broken Window Fallacy

A Portuguese article discusses the economic impact of 'Storm Kristin,' arguing that money spent on repairing destruction in affected regions is diverted from other activities that could otherwise generate wealth for the economy.

4 Mar, 00:07 — 4 Mar, 00:07

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observador5h ago

A tempestade Kristin, o PIB e a falácia da janela partida

O dinheiro que será gasto nas regiões afetadas para reparar o que foi destruído é dinheiro que deixa de ser investido noutras atividades que poderiam acrescentar riqueza à economia.

By Paulo Monteiro Rosa

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The Kristin Storm, GDP, and the Broken Window Fallacy

Read at source (1 outlet)

A tempestade Kristin, o PIB e a falácia da janela partida

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