2012-10-30theintelhub.com

In the midst of a storm that has the whole east coast torn apart, a mainstream economics professor and Columnist took the opportunity to provide the world with a perfect example of "the broken window fallacy".

In his new article "The Economic Impact of Hurricane Sandy ... Not All Bad News", Professor Peter Morici puts forward the idea that the clean up following Hurricane Sandy will stimulate economic growth, and thus be good for the economy.


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