Episode 61

The Economy Also Doesn't Need a Broken Window

We continue with Paul Krugman's suggestion of a fake threat of aliens invading to stimulate a depressed economy. We look at a blog post he had written for the New York Times where he revealed his inspiration for the blessings of fear and destruction: World War II.

Unfortunately, even many conservatives and Christians think like Krugman that war spending helps an economy grow or get out of a slump. We look at the parable of a broken window from Frederic Bastiat to see that destruction really is destruction.

Sources Cited:

Paul Krugman, "Terrorists and Aliens," The New York Times, November 17, 2015

John Maynard Keynes, "The Propensity to Consume," Chapter 10 of The General Theory of Employment, Interest and Money.

Scriptures Referenced:

Galatians 2:18

Proverbs 14:1

Further Reading:

Robert Higgs, "The Myth of U.S. Prosperity during World War II."

Podcast Promotion:

Prescribed Truth with Jamal Bandy


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About the Podcast

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About your host

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Daniel Mynyk

Daniel Mynyk is a software developer with experience in the education, real estate, and manufacturing industries. He is a devout Christian and an affluent lay apologist, having taught adult Sunday School classes in theology and church history. Daniel has authored the book "Freedom To Give: The Biblical Truth About Tithing." He has also been a guest on the syndicated radio show Bob Enyart Live and popular podcasts such as Apologetics Live, Theology Throw Down, and The Rap Report with Andrew Rappaport. He runs the apologetic website TruthHub.org and hosts the weekly podcast Truthspresso. Daniel lives with his wife Chelsea their four kids.