Talk:Parable of the broken window

message: This section appears to be extensive original research and synthesis.  The only source in the section is an op-ed, and is thus not germane to the article.  I've tagged the section, and will look for some sources.  If none are found, the unsourced content should eventually be removed. aprock (talk) 16:00, 21 January 2013 (UTC)
thread_title:  The cost of special interests and government 

message: "However, at the top end it is an economic benefit, especially if too much capital is trapped in high end savings and investment, because the funds used to replace the window will not change the victim's spending habits, but will simply be a minor reduction of his long term savings or investments, or that of his insurer."  The writer ignores that replacing the window is an "investment" much like any of his other "investments" (that the writer seems to criticize).  The difference is that something of value was destroyed before the new window "investment" could be made, so it is starting off in a hole in terms of return on investment, which is the main point of the article.  — Preceding unsigned comment added by 66.66.149.221 (talk) 21:05, 24 May 2014 (UTC)
replies: text: comment It strikes me that the parable is told in a very characteristic 19th Century determanistic voice.  Today, with a contemporary view of uncertainty, risk, and insurance, we would write a very different analysis of the phenomenon.  Windows break or disasters strike from time to time with a certain characteristic frequency for any circumstance (location, etc) and the cost of remediation should not be viewed as a one-time event but as a cost which is anticipated and can be planned for.  I don't know of a contemporary analysis along those lines, but I'd be surprised if one hasn't been published.  If there is no such paper, I'm giving away a sure prime journal article topic.  SPECIFICO talk  21:13, 24 May 2014 (UTC)

text: comment I think a defense of this point might be that it is an example of creative destruction. While the net change to the overall economy may in the short term be negative, it is possible that the capital that is freed up as a consequence of the repair could lead to even value creation elsewhere in the economy. Take the case of, say, John McCain and his seven houses, which he could not even count during his presidential campaign: he employs a significant staff for each one and is contributing to the overall economy at a given, predictable level. If six of those houses were destroyed, the value of those houses would be lost, as would the economic contribution of the employment of those houses staffs; however, it could be that the millions of dollars currently sitting idle in the McCain fortune (and the vaults of his insurance company) required to rebuild those houses would lead to opportunities, employment or investment elsewhere which would in turn lead to a much greater level of wealth. Not all windows are created equal, and overall economy metrics do not tell the story of the participants in that economy.2601:7:880:2D3:90F4:6F58:6093:840F (talk) 20:07, 2 November 2014 (UTC)

text: comment I believe there is an issue with using the terms "savings and investment" in this criticism.  Both savings and investment provide funds for current production and improvements in future productivity.  Savings provide banks the source of capital for others to borrow, which, along with investments, create businesses, create jobs, research new technology, and in general provide additional growth that otherwise would not be available.  By forcing someone to redirect those funds to repairing a broken window, the boy ("government"), at the urging of the glazier ("special interests"), has reduced the capital available for these enterprises.  In other words, there remains an opportunity cost to the owner of the window, and to society, even if his (or his insurer's) funds were "trapped" in savings and investment.  This criticism of the parable of broken window might make more sense if the owner's funds were hidden under his mattress, or some other allegory denoting a zero opportunity cost.  Jeffaxel (talk) 16:23, 7 November 2014 (UTC)
thread_title:  "at the top end it is an economic benefit" 

message: While reading this article I suddenly realized it was used in the movie, The Fifth Element, when the character Zorg explains how he benefits the economy through destruction.  Would that addition (and others that without doubt exist) add value to the page?  Specifically, watch this. JBH (talk) 02:32, 28 November 2017 (UTC)
thread_title:  Use in Modern Entertainment section?