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    Which tale of childhood vandalism is used in economics to highlight the need to consider hidden expenses?

    Question #62227. Asked by gmackematix. (Feb 02 06 8:24 PM)


    lanfranco

    It would appear to be "The Parable of the Broken Window," which is described in this site:

    And to think I was frantically running through fairy tales and classic children's books.


    http://en.wikipedia.org/wiki/Parable_of_the_broken_window

    Feb 03 06, 12:44 PM
    gmackematix

    Yay! And if you click on the "Logical Fallacies" there is a whole range of other types of faulty reasoning.

    Feb 04 06, 10:16 PM


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