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Windows, Words, Moods, Modi, Shapes

  • 2 Jun, 2021

How breaking and then replacing a window might generate economic activity, consciousness and punctuation, an overview of depression, the best books on contemporary India, and more.

Returns To Scale In Broken Windows

Alvaro de Menard | Fantastic Anachronism | 25th May 2021 | U

Bastiat's "broken window fallacy" holds that breaking and then replacing a window might seem to generate economic activity, but sums to a net loss when opportunity cost is taken into account. But what if destruction shows positive returns to scale? Wars and natural disasters enable the rethinking and redesign of cities, systems and institutions. Might such events yield net gains in the long term? (2,900 words)  

Consciousness And Punctuation

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