John Maynard Keynes was a 20th century British economist who developed a theory about government policy in relation to private sector business. His macroeconomics approach was to use government ...

Pakistan’s energy planning is entering a surreal phase. A country that once chased gas cargoes across oceans and rationed ...

Love doesn’t just vanish when someone cheats. The heart is stubborn—it holds onto the good moments, the history, the hope ...

The cost of failure is not just educational — it’s economic, social, and existential. Will this administration be the one to ...

I was invited to the annual 11 Bit Preview event where I got hours of hands on time with one of the most promising original ...

Han Dong-hoon, former representative of the People Power Party, criticized Democratic Party of Korea presidential candidate Lee Jae-myung's "hotel economy theory," saying it is "Noh Ju-seong (no ...

With overbuilt infrastructure and vast swaths of empty apartment buildings, China has embraced a version of Bastiat’s broken window fallacy — where any type of economic activity, including ...

March Madness once reveled in the charm of the underdog, but Cinderella is dead, the fairy tale exposed as fallacy in the new ... two days of the one-month window, including Michigan freshman ...

Firefighters raced to rescue two window washers trapped on broken scaffolding blowing in the wind on the side of a high-rise building in Manhattan’s Columbus Circle Friday morning. First ...

Hazlitt’s most illustrative lesson, the broken window fallacy, remains strikingly relevant as we witness modern governments employing fiscal stimuli in response to economic downturns.

In it, he described what became known in the field of economics as the “broken window fallacy.” The conceptual framework notes that while it is seen that a child breaking a shopkeeper’s ...