Retrospective determinism — the argument that because an event has occurred under some circumstance, the circumstance must have made its occurrence inevitable. Of course, nobody would be dumb enough to celebrate a broken window, would they?
False dilemma false dichotomy, fallacy of bifurcation, black-or-white fallacy — two alternative statements are held to be the only possible options when in reality there are more. Paul Krugman has never actually pined for an alien invasion, nor has he said that he wants another world war.
He can then spend it at restaurants, and he can spend it on new clothes. The money that would have been gone to the shoemaker now is being spent somewhere else. Intentionality fallacy — the insistence that the ultimate meaning of an expression must be consistent with the intention of the person from whom the communication originated e.
Explaining thought as something produced by a little thinker, a sort of homunculus inside the head, merely explains it as another kind of thinking as different but the same.
At one time, all humans spoke the same language. All this is that which is seen. The arguer advances the controversial position, but when challenged, they insist that they are only advancing the more modest position. Suppose it was discovered that the little boy was actually hired by the glazier, and paid a franc for every window he broke.
You spend money on new glass. In particular, we should never allow fear of fallacious slippery slopes to stifle our natural curiosity. Other things equal, we are better off when people have to work less to achieve a given level of wealth or flow of consumption.
But if, on the other hand, you come to the conclusion, as is too often the case, that it is a good thing to break windows, that it causes money to circulate, and that the encouragement of industry in general will be the result of it, you will oblige me to call out, "Stop there!
So Japan will become less of a capital exporter, maybe even a capital importer, for a while. What are the unintended consequences?
The onlookers consider the situation and decide that the boy has actually done the community a service because his father will have to pay the glazier window repair man to replace the broken pane. The Keynesians assume that a market economy can get stuck in a "liquidity trap" in which mutually advantageous gains from trade are not occurring.
Unintended consequences show up in all areas of our lives and especially when it comes to laws and politics. Whence we arrive at this unexpected conclusion: It educated future generations about the evils of genocide. If it were not for slavery we would all be in Africa, hanging from trees and worshiping Allah.
No academic sources could be found. Overwhelming exception — an accurate generalization that comes with qualifications that eliminate so many cases that what remains is much less impressive than the initial statement might have led one to assume.
The tailor then could have spent the money on something else. Ecological fallacy — inferences about the nature of specific individuals are based solely upon aggregate statistics collected for the group to which those individuals belong.Free-market economists have triumphantly cited the broken-window fallacy whenever someone opines that a destructive act, whether a natural disaster or man-made catastrophe, is paradoxically "good for the economy." The reference is to a classic lesson given by the economist Frédéric Bastiat in What the "broken window" fallacy means for you.
WARREN, OH - OCTOBER Broken windows mar the front of the long-closed Packard Electric factory on October 29, in Warren, Ohio. Warren, like. The Broken Window Fallacy and "Blessings" of Destruction in the Real World.
Before diving into the modern real-world evidence that substantiates Bastiat’s brilliant essays, it’s important to distinguish between income and wealth.
The Mises Daily articles are short and relevant and written from the perspective of an unfettered free. Naturalistic fallacy fallacy is a type of argument from fallacy. Straw man fallacy – an argument based on misrepresentation of an opponent's position. Texas sharpshooter fallacy – improperly asserting a cause to explain a cluster of data.
Broken Window Fallacy (also known as: glazier's fallacy) Description: The illusion that destruction and money spent in recovery from destruction, is a net-benefit to society.
A broader application of this fallacy is the general tendency to overlook opportunity costs or that which is unseen, either in a financial sense or other. Argument by Repetition. argumentum ad nauseam (also known as: argument from nagging, proof by assertion) My world view as well as yours does affect how we view these different accounts.
I was not there but you were not either. Logically Fallacious is one of the most comprehensive collections of logical fallacies with all original.Download