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Martha A. Dean applies the economic theory that destruction creates prosperity to the war on terrorism. Using economist Henry Hazlitt's Fallacy of the Broken Window, Dean demonstrates that while destruction often generates wealth in one realm, it compromises it in others. Put differently: if bombing buildings created prosperity, wouldn't we all destroy our own houses?
November 27, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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