It took 28 years - and a lot of tears, struggle and heartache indispersed with sprinklings of self doubt self depreciation followed by pep talks , phoenix rises and victory runs to come to this day when I realised that one of my major life changing theories was based on the "Broken Window Fallacy"
But I live in the real world - most of the times at least. ...So saying it like it is. Over here atleast :)... does this change any Kausims ..well ..maybe ..time as usual will tell ..
One of the contemporary debates in economics is based on what is called the "Broken Window Fallacy".
Some kids toss a brick and break a window in a bakery store.
People gather around to mourn the loss of the window.
Someone says that the baker will spend money to repair the window - so the window maker will earn a few more ..and he will spend more money shopping due to his increased income and in turn between them and this cycle they will find a solution to world peace.
So basically - if the broken window is large enough - it can lift the entire economy out of recession.
Well - most economic majors will laugh at this and say that the broken window didnt "create" new activity - it just diverted resources to other activities. So most people dont see what could have happened as opposed to what did.
The problem is that I didnt study economics until this year.
How different my life would have been if I had read this at 10 - who knows.
But I have to confess that I have lived under the shadow of the broken window fallacy.
When things go wrong in my life as they ofetn do .. Its not entirely unusual for me to say .."If it didnt kill me - It'll make me stronger"
.."Its made me more realistic"
"Not getting what you want maybe the best thing to happen to you"
"All for the best"
"Atleast this way -I understood myself"
Hmm.. it you factor one life and subtract from it ..majority of the struggles and the heartaches .. could it be possible that I could have been a completely different person ..maybe a better person even ..
is it just that I view my eyes through the lenses of the Broken Window Fallacy and conclude that things have happened for a meaning and a reason and even the worst of times are good in their own way ?
Time as usual will play its hand and tell.
Until then - I have to hold on to what one of my close friends said to me that
"It would all be good in the end .. and if it wasnt good ..then it wasnt the end"
Adios
But I live in the real world - most of the times at least. ...So saying it like it is. Over here atleast :)... does this change any Kausims ..well ..maybe ..time as usual will tell ..
One of the contemporary debates in economics is based on what is called the "Broken Window Fallacy".
Some kids toss a brick and break a window in a bakery store.
People gather around to mourn the loss of the window.
Someone says that the baker will spend money to repair the window - so the window maker will earn a few more ..and he will spend more money shopping due to his increased income and in turn between them and this cycle they will find a solution to world peace.
So basically - if the broken window is large enough - it can lift the entire economy out of recession.
Well - most economic majors will laugh at this and say that the broken window didnt "create" new activity - it just diverted resources to other activities. So most people dont see what could have happened as opposed to what did.
The problem is that I didnt study economics until this year.
How different my life would have been if I had read this at 10 - who knows.
But I have to confess that I have lived under the shadow of the broken window fallacy.
When things go wrong in my life as they ofetn do .. Its not entirely unusual for me to say .."If it didnt kill me - It'll make me stronger"
.."Its made me more realistic"
"Not getting what you want maybe the best thing to happen to you"
"All for the best"
"Atleast this way -I understood myself"
Hmm.. it you factor one life and subtract from it ..majority of the struggles and the heartaches .. could it be possible that I could have been a completely different person ..maybe a better person even ..
is it just that I view my eyes through the lenses of the Broken Window Fallacy and conclude that things have happened for a meaning and a reason and even the worst of times are good in their own way ?
Time as usual will play its hand and tell.
Until then - I have to hold on to what one of my close friends said to me that
"It would all be good in the end .. and if it wasnt good ..then it wasnt the end"
Adios
1 comment:
I have been following your blogs for quite some time. What i like most in your blogs is your positive attitude towards everything and I can bet that your blog makes many people feel better when they are down. I really appreciate the way you have learned to live.
Keep it up.
Stay beautiful!!!!
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