The Ludwig von Mises Institute

Advancing the Scholarship of Liberty in the Tradition of the Austrian School

Source link: http://archive.mises.org/8938/the-tv-gasbag-version-of-the-broken-window-fallacy/

November 12, 2008 by Greg Ransom

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{ 5 comments }

Fephisto November 12, 2008 at 8:24 pm: Wow.

I love the Onion.

And I have never wanted to get rid of Social Security more.
Bruce Koerber November 12, 2008 at 8:45 pm: If you throw money in the hole you will make Bernanke happy and Greespan will probably get aroused!

If you throw money in the money hole Krugman will graciously let you hold the trophy he got for being the Nobel Laureate of Wackonomics.

All the ego-driven interventionists will feel vindicated and the economic terrorists in charge of the unConstitutional coup will want to annoint you!

Despite all the perversions sought by the above mentioned perverts – the fact of the matter is that these corrupt acts are simply materialism at its worst.
jeffrey November 12, 2008 at 9:15 pm: A money hole might spare us inflation in a few years. Trillions would have to go.
Booya November 12, 2008 at 10:26 pm: I thought this was going to be a Mad Money clip. I was flipping through the channels this evening and saw Kramer advocating bulldozing run down neighborhoods.
That certainly fit the title of this article.
Lester Hunt November 13, 2008 at 12:53 pm: I loved the fleeting reference to “The Soldier Hole.” Yes, there’s that, too.

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