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Uploaded by lanceknoechel on Mar 5, 2011
A clip from The Fifth Element which demonstrates the kind of thinking that exists in Washington. Contrast that with: http://mises.org/daily/3804
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I wonder if they were trying to criticize schumpeters creative destruction when in reality, what its actually portraying is the broken window fallacy. I could be full of crap ofc, but that's just my intuitive judgment.
MrAlpruitt 10 months ago 4
Yeah when I watched that scene I was shouting "broken window fallacy!"
bocanutz 3 months ago
That's funny because I thought of Bastiat during the scene.
eurohim 6 months ago
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I wonder if they were trying to criticize schumpeters creative destruction when in reality, what its actually portraying is the broken window fallacy. I could be full of crap ofc, but that's just my intuitive judgment.
MrAlpruitt 10 months ago 4
Yeah when I watched that scene I was shouting "broken window fallacy!"
bocanutz 3 months ago