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Topic: Parable of the broken window

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	Parable - Wikipedia, the free encyclopedia
		Parables are the simplest of narratives: they sketch a setting, describe an action and its result; they often involve a character facing a particular moral dilemma, or making a questionable decision and then suffering the consequences of that choice.
		Parables are strongly favored in the expression of spiritual concepts.
		Besides the familiar parables of Jesus in the New Testament, such as the Good Samaritan and the Prodigal Son, there are many beautiful examples of parable in the Old Testament, for instance the parable of the ewe-lamb told by Nathan in 2 Samuel 12:1-9, or that of the woman of Tekoah in 2 Samuel 9:1-13.
	en.wikipedia.org /wiki/Parable (699 words)

	Parable of the broken window - Wikipedia, the free encyclopedia
		The parable of the broken window was created by Frédéric Bastiat in his 1850 essay That Which is Seen and That Which is Not Seen to illuminate the notion of hidden costs (a.k.a.
		Bastiat uses this story to introduce a concept he calls the broken window fallacy, which is related to the law of unintended consequences, in that both involve an incomplete accounting for the consequences of an action.
		The parable of the broken window is retold by Zorg (Gary Oldman) in The Fifth Element as a way to justify his self-centered actions as an economic superpower.
	en.wikipedia.org /wiki/Parable_of_the_broken_window (1717 words)

	ipedia.com: Parable of the broken window Article (Site not responding. Last check: 2007-09-18)
		The parable of the broken window was created by Frederic Bastiat in his 1850 essay That Which is Seen and That Which is Not Seen to illuminate the notion of hidden costs.
		The parable of the broken window was created by Frederic Bastiat in his 1850 essay That Which is Seen and That Which is Not Seen to illuminate the notion of hidden costs (a.k.a.
		But libertarians argue that this was an example of the broken window fallacy, since it ignored the billions of dollars in assets which were totally destroyed as a result of the attack.
	www.ipedia.com /parable_of_the_broken_window.html (1312 words)

	Parable: Encyclopedia topic (Site not responding. Last check: 2007-09-18)
		A parable is like a metaphor (metaphor: A figure of speech in which an expression is used to refer to something that it does not literally denote in order to suggest a similarity) that has been extended to form a brief, coherent fiction.
		Though not every moral narrative is a parable, many fairy tale (fairy tale: A story about fairies; told to amuse children) s would be viewed as extended parables, except for their magical settings.
		For a mid-19th century contemporary parable, see the Parable of the broken window (Parable of the broken window: the parable of the broken window was created by frederic bastiat in his 1850 essay...
	www.absoluteastronomy.com /reference/parable (692 words)

	broken window (Site not responding. Last check: 2007-09-18)
		The parable of the broken window was created by Frederic Bastiat in his 1850 essay That Which is...
		This is the "broken window" fallacy exposed long ago by the French economist Frederic Bastiat in his essay Ce qu'on...
		This explanation of the "broken window" theory was written by Henry G...
	www.every-software.com /articles/21/broken-window.html (341 words)

	John Locke Foundation \| Tsunami and the Broken Window
		Frederic Bastiat captured the essence of this idea in his 1850 essay, "That Which is Seen and That Which is Not Seen," perhaps better known as the Parable of the Broken Window, or the broken window fallacy.
		Here is how the broken window fallacy "works": the destruction of one's property is said to generate "good" for the economy because jobs are created in the process of replacing the property that was lost.
		Henry Hazlitt debunked this broken window myth in "The Blessings of Destruction," an essay based upon the Bastiat tale.
	www.johnlocke.org /fmm/display.html?id=2209 (653 words)

	Economic Lunacy
		Bastiat wrote a parable about this which has become known as the "Broken Window Fallacy." A shopkeeper's window is broken by a vandal.
		After all fixing the broken window creates employment for the glazier who will then buy bread and benefit the baker, who will then buy shoes, and benefit the cobbler, and so forth.
		The broken window fallacy was seen in a column written by Princeton University Professor Paul Krugman after the terrorist attack on the World Trade Center, "After the Horror" New York Times (9/14/01).
	www.gmu.edu /departments/economics/wew/articles/04/lunacy.html (550 words)

	Reference.com/Encyclopedia/Parable of the broken window
		This idea is not to be confused with the supposed sociological and criminological effects of Broken Windows, a theory associated with Rudolph W. Giuliani and discussed here: http://c2.com/cgi/wiki?FixBrokenWindows.
		But others argue that this was an example of the broken window fallacy, since it ignored the billions of dollars in assets which were a net loss as a result of the attack.
		This is just the broken window fallacy reversed, for the hidden cost of losing the glazier is that you cannot repair windows when you must.
	www.reference.com /browse/wiki/Parable_of_the_broken_window (1478 words)

	broken window information (Site not responding. Last check: 2007-09-18)
		One broken window, left unrepaired for any substantial length of time, instills in the...
		She was a divining rod, her body an arrow to the ground seeking out veins of something far more precious than metal or gold.
		For those who choose to emphasize the spiritual side of yoga practice, Bheka have altar supplies for meditation, including statues, incense wands, incense sticks and holders, smudging herbs, aromatherapy candles, and authentic hand crafted malas, of bodhi seed, or lotus seed, turquoise and silver.
	property-gd.com /articles/122/broken-window.html (542 words)

	Right to Create: Broken Windows, Broken Patents
		Together, they can't benefit any more than the value of one window for this, because the value of one window is exactly what the victim will pay to replace his broken one.
		Getting back to the parable, the idea is that by not breaking the shopkeeper’s window (or not forcing the shopkeeper to waste money he would spend otherwise), he is able spend money as he sees fit.
		Technically it is a zero sum transaction, because when you boil it down, the broken window is simply a transaction between two parties, not one party and a string of 2nd, 3rd, and 4th cousins to the perpetrator who was actually directly involved in the transaction.
	righttocreate.blogspot.com /2006/03/broken-windows-broken-patents.html (3201 words)

	Jonah Goldberg's Goldberg File on National Review Online
		In the original parable (which you can find here), Bastiat tells the story of a youth who breaks a window.
		If that hadn't happened, he might have bought his wife a new stove or he might have invested that money in a new store or, to be fair, he might have blown his whole stack on a three-day hooker and cocaine binge that would have ruined his marriage and left him screaming at the urinal.
		But when you consider the fact that virtually all of the broken windows will be on Iraqi soil, it's hard to see how they can say that destruction of property can't be economically beneficial for the Iraqis (never mind what a stabilized and rational oil market would do for us).
	www.nationalreview.com /goldberg/goldberg091902.asp (2292 words)

	Is Terrorism Good for the Economy? - Mises Institute
		The crowd thus concludes that, far from being a criminal, this lad who threw the brick through the baker’s window is a public benefactor.
		Kudlow even refers to the "broken windows effect." He is mistaken.
		The correct phrase is "broken windows fallacy." There is no "good" effect from the broken windows of which he speaks.
	www.mises.org /fullarticle.asp?record=781&month=36 (1035 words)

	Democratic Underground Forums - my argument with some who were pro-war (Site not responding. Last check: 2007-09-18)
		The parable of the broken window was created by Frederic Bastiat in his essay "What is Seen and What is Not Seen", to illuminate the discussion of hidden costs.
		Everyone sympathizes with the man whose window was broken, but pretty soon they start to suggest that the broken window makes work for the glazier, who will then buy bread, benefitting the baker, who will then buy shoes, benefitting the cobbler, etc..
		Finally, the onlookers conclude that the little boy was not guilty of vandalism; instead he was a public benefactor, creating economic benefits for everyone in town.
	www.democraticunderground.com /duforum/DCForumID66/6617.html (854 words)

	Writer's Encyclopedia--Letter P (Site not responding. Last check: 2007-09-18)
		A parable is often an allegory in which each character in the story represents an abstract concept, such as obedience or honesty, that is illustrated through comparison with real-life events.
		Perhaps the most widely recognized parables are those told by Christ in the New Testament—the stories of the prodigal son and the good Samaritan are two examples.
		Parables often provide an excellent source of universal themes for all types of stories.
	www.writersmarket.com /encyc/p.asp (14008 words)

	Broken window Information and tips - @Geteasy
		...Bastiat uses this story to introduce a concept he calls the broken window fallacy, which is.....Austrian economists, and Bastiat himself, apply the parable of the broken window in a more...
		Specialises in commercial glazed aluminium framed window and door fabrication and replacement of broken glass for either domestic or commercial windows.
		...What is seen is the broken window repairing and the workers that get employed, and the money they.....Hazlitt noted that "the broken-window fallacy, under a hundred disguises, is the...
	www.2how.co.uk /2/Broken-window.shtml (375 words)

	Good and Bad Economics by Walter Williams -- Capitalism Magazine (Site not responding. Last check: 2007-09-18)
		Bastiat wrote a parable about this that has become known as the "Broken Window Fallacy." A shopkeeper's window is broken by a vandal.
		A crowd forms, sympathizing with the man, but pretty soon, the people start to suggest the boy wasn't guilty of vandalism; instead, he was a public benefactor, creating economic benefits for everyone in town.
		Explicitly, had it not been for the vandalism, the shopkeeper would have had a window and a suit; now, he has just a window.
	www.capmag.com /article.asp?ID=4033 (677 words)

	diffidence » 2004 » September
		The concept of “broken windows” has two general definitions, both of which see fairly regular use and abuse.
		The first, and arguably most correct, is defined in The Parable Of The Broken Window, which is a fairly long-running parable with a lot of truth remaining today.
		The other concept involving broken windows is covered by John Gruber, in his article Broken Windows.
	diffidence.org /wp/index.php?m=20040901 (257 words)

	Knowledge Problem: BASTIAT'S BROKEN WINDOW FALLACY
		One doesn't need to be an economist to recognize that the broken window fallacy is just that, fallacious.
		Some other essays on Bastiat's broken window fallacy are from Fred Foldvary at The Progress Report and this Fact Index entry, which notes
		Economists of the Austrian School and Civil Libertarians argue that the "broken window fallacy" is extremely common in popular thinking.
	www.knowledgeproblem.com /archives/000951.html (328 words)

	Bastiat's Window (Site not responding. Last check: 2007-09-18)
		Two hundred white-framed windows and doors salvaged from a house in Zurich are assembled into a structure that bridges the gap between sculpture and architecture.
		Thompson's reasoning is as muddled as the fallacy in economist Frederic Bastiat's story of the broken window...
		Mary Thomas, a 46-year-old secretary from Detroit, was bewildered by Granholm's warning on Tuesday that she may have to cut school aid by $28 a student followed Wednesday by the cool cities grant announcements.
	bastiatswindow.blogspot.com (3889 words)

	BrothersJudd Blog: WHAT YOU CAN'T SEE THROUGH YOUR ANCIENT DIRT-ENCRUSTED WINDOW:
		I will just add that the parable of the broken window is one of the essential lessons of libertarian economics.
		If I overreacted, it is because the parable of the broken window is the prism through which I view most government policies.
		After all, regardless of how rational replacing a whole bunch of windows might be -- absent a whole bunch of other, unmentioned considerations -- darn few people are knocking out their windows then turning the AC to full blast.
	www.brothersjudd.com /blog/archives/2005/09/what_you_cant_s.html (4869 words)

	HASWELLEDIGER (Site not responding. Last check: 2007-09-18)
		For his first solo exhibition in New York tanstaafl, Bob Gramsma takes as his point of departure the parable of “The Broken Window” from the essay That Which is Seen, and That Which is Not Seen by the 19th century French economist Frédéric Bastiat.
		In the parable, a young boy throws a rock through the local shopkeeper’s window.
		Bastiat called this concept the “broken window fallacy” and pointed out that while the villagers appreciated the benefits brought about by the broken window, they failed to consider the costs to the shopkeeper and monies lost by those who did not stand directly in the broken window chain.
	www.haswellediger.com /e/200511/200511pr.html (465 words)

	overview by garyjefferson (on reddit.com)
		That, my friend, is the fallacy of the broken window: boy breaks shop window, town cheers for the economic boon this is, as the shopkeeper has to pay the glazier, the glazier then uses the money to buy bread and shoes, etc., etc.
		A few short years ago, Novell was nearly 100% Windows on the desktop.
		To believe otherwise is to believe the fallacy of the broken window: http://righttocreate.blogspot.com/2006/03/broken-windows-broken-patents.html
	reddit.com /user/garyjefferson (710 words)

	Elliott School - Transcripts of Lectures and Speeches
		Another good example of this is the famous parable of the broken window told by Henry Hazlit.
		The window producer will send the replacement, and will be paid for it.
		Thus, in fact the broken window has generated more jobs and income for several people.
	www.gwu.edu /~elliott/news/transcripts/shapiro2.html (9593 words)

	Ignore the Pundits -- Katrina Will Hurt
		Despite what these bullish pundits are saying, the stimulus of rebuilding New Orleans will not outweigh the overall loss to the economy.
		As the parable of the broken window makes clear, any dollars spent rebuilding after Katrina are monies that would have otherwise been spent elsewhere.
		If not, we would simply level a different city each year and rebuild it from the ground up, all shiny and new.
	www.thestreet.com /pf/comment/barryritholtz/10241870.html (1273 words)

	The Here and There :: God's on Call Waiting (Site not responding. Last check: 2007-09-18)
		His mentor was John the Baptist, a man who lived in the Jordan valley dressed in the skins of wild beasts and ate locust and the honey of wild bees and all of Christ’s parables are taken from nature.
		They used these parables and the reason Christ did that was that’s how he stayed in touch with the people.
		He was contradicting everything that the common people had heard from the literal sophisticated people of their day and they would have dismissed him as a quack but they were able to confirm the wisdom of his parables through their own observations of the fishes and the birds.
	www.thehereandthere.net /howie (12271 words)

	The Big Picture: PMI, GDP stink up the joint
		Aug 31, 2005 10:07:00 PM Its called the Parable of the broken window
		Sep 1, 2005 6:43:57 AM Hi Barry - thanks for the link on the "parable of the broken window".
		Sep 1, 2005 12:25:24 PM Hi Barry - thanks for the link on the "parable of the broken window".
	bigpicture.typepad.com /comments/2005/08/pmi_gdp_stink_u.html (1466 words)

	History News Network
		Bastiat's Window is a new blog with a great idea: It documents real-world examples of the broken window fallacy first described by French classical liberal economist Claude Frédéric Bastiat.
		It also seeks to address other economic fallacies, particularly if a good dose of Bastiat might cure them.
		And because it's such a good story, here is the original parable of the broken window:
	hnn.us /blogs/entries/10284.html (458 words)

	The DC Horror Show
		But no: writing in Slate Timothy Noah informs us that "we live in a very wealthy nation that responds to horrible disasters by spending large sums of money." This spending will, he predicts, "provide a meaningful Keynesian stimulus to a national economy."
		Must we recount Frederic Bastiat’s parable of the broken window?
		The story goes that a boy throws a rock through a store window, and everyone is justly sad.
	www.lewrockwell.com /rockwell/whatnottodo.html (1462 words)

	The Wisdom of Richard Fisher (Site not responding. Last check: 2007-09-18)
		Consumers will have to pay more for winter heating bills and possibly gas at the pump, so they may have less to spend at retail stores and restaurants.
		Perhaps Fisher believes the real problem with Rita was that it did not break enough windows.
		For those not familiar with the concept, I highly recommend reading the Parable of the Broken Window.
	www.whiskeyandgunpowder.com /Archives/20051006.html (1503 words)

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