eestileib ,

This is actually an example in The Wealth of Nations; Adam Smith considers whether a hooligan smashing a window is a benefit to society because it creates work for the glazier.

Smith concluded that no, it isn’t a net benefit because the glazier could have made a new window instead.

However, given that megayachts are net negative to society, I’m not sure how he’d view this case.

  • All
  • Subscribed
  • Moderated
  • Favorites
  • random
  • [email protected]
  • All magazines