Tag: competitive enterprise institute
Larry Summers Claims Japanese Earthquake/Tsunami Disaster Will Boost Economy

Predictably, within days of the unmitigated disaster and massive loss of life (10,000 and counting) in Japan from the record 8.9-magnitude earthquake and tsunami, a major Keynesian economist has gone on the record in defending the “broken window fallacy” in economics by claiming that the Japanese disaster will actually boost economic growth. The economist […]

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