Sunday, March 16, 2003

Broken Windows

By Diana Hsieh

Josh Zader has posted an interesting argument that Shane McChesney's essay The Quality Depression falls into the trap of the broken window fallacy. Josh's analysis strikes me as dead-on.

Frankly, I suspect that much of the sluggishness of the economy can be attributed to these endless months of waiting for war. Who wants to invest when so much uncertainty looms?

Thankfully, playtime with Saddam seems to be drawing to a close. Then again, I've been saying that for months now...

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