glazier's fallacy

noun

Etymology

From the parable of the broken window, in which destruction of window glass is said to be good because it provides some business for glaziers.

Definitions

  1. The notion that destruction is good for an economy because it stimulates demand for goods…

    The notion that destruction is good for an economy because it stimulates demand for goods and services. It is generally held to be a fallacy because there is no net benefit macroeconomically, no matter how much money some particular businesses may make.

The neighborhood

Vish — recursive loop

No curated loop yet for glazier's fallacy. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA