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MichaelMatulef / Michael Matulef
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2024-03-30 16:55:41

MichaelMatulef on Nostr: The fallacy of the broken window is the failure to take opportunity costs into ...

The fallacy of the broken window is the failure to take opportunity costs into account. The opportunity cost of the glazier's good luck is whatever products or services the shopkeeper could have purchased.

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