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2009-02-06 13:53:31|  分类: 默认分类 |  标签: |举报 |字号 订阅

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The Parable of the Broken Window: Update

from Greg Mankiw's Blog by Greg Mankiw
Those familiar with the broken window fallacy will enjoy this news story:

Times were so tough for window repairman Timothy Carl Klenke, police say, that he decided to take proactive measures: He armed himself with a slingshot and began cruising around the city, shattering at least five windows and car windshields as he went."

The statements he gave to officers led them to believe he was out to drum up business and was prepared to go out and do some more damage," Redlands police spokesman Carl Baker said Tuesday....

Baker said Klenke, who was arrested Monday, had planned to contact the victims later and offer to repair the windows for a fee.

"I'm sure it has something to do with the economy," Baker said. "Everybody is hurting now."

Thanks to the reader who sent this in.
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