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Broken

Business Mirror LogoBusiness Mirror15h ago

Broken - Business Mirror

Quick Summary:

French economist Frederic Bastiat is credited for the parable of the broken window, which illustrates how opportunity costs affect economic activity in ways that are unseen or ignored.

The belief that destruction is good for the economy is consequently known as the broken window fallacy.

Broken lives and property are the obvious consequences of broken institutions, as students can learn from Nobel laureates Daron Acemoglu, James Robinson, and Simon Johnson.


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Article Details

Author / Journalist: Ser Percival K. Peña-Reyes

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 16:01:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 832 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23351442

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 70 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 15 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Broken" has 832 words across 36 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "Broken" was covered 15 hours ago by Business Mirror, a news publisher based in Philippines.

How trustworthy is 'Business Mirror' news outlet?

Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news.

The outlet is headquartered in Philippines and publishes an average of 70 news stories per day.

It's most recent story was published 15 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

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  • News ID: #23351442
  • URL: https://beamstart.com/news/broken-17303914793558

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