Thursday, November 27, 2014

another liberal idiot in the news

http://reason.com/blog/2014/11/26/lol-gawker-claims-ferguson-riots-good-fo

Wanton destruction of people's stuff. Isn't it great? Gawker sure thinks so—and argues that there are undeniable benefits. But wait: Don't hurl your laptop or smart phone through your local convenience store's front window just yet! Let's examine this claim.
Matt Bruenig, a writer for Demos and Salon, penned the article, titled "Actually, Riots are Good: The Economic Case for Riots in Feguson." Contrary to what the headline suggests, Bruenig doesn't actually commit the broken window fallacy and argue, as some Keynesians do, that destruction is economically beneficial. One has to dig deep down into the article—past a deeply misleading claim that "rioting is economically efficient"—to get to the crux of the argument.
Bruenig thinks that under certain conditions, rioting is efficient because it punishes the police for their bad behavior. If police react to riots by killing fewer black teenagers, then the cost in lives saved (in real dollars) outweighs the property destruction.

No comments:

Post a Comment