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A comment on Apocalyptic Claims About Climate Change Are Wrong. Parent comment

Re:Apocalyptic Claims About Climate Change Are Wrong by wutbrodo on Wednesday November 27, 2019 @02:29PM (#21651126)
> it's not like the trillion would disappear; it's being spent in the economy. And via the broken windows measurement fallacy of economics, it would likely increase our GDP rather than decrease it.

Wait, what? You're correctly calling out the broken windows fallacy as a fallacy, but saying that it's _true_? Wealth is tied to value/utility in a way that isn't fully captured by spending, and the broken-windows phenomenon shows up in GDP figures too (it just trades short run for long run, at unfavorable exchange rates).

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Re:Apocalyptic Claims About Climate Change Are Wrong by thu2111 on Wednesday November 27, 2019 @02:40PM (#21651239)
He's saying that GDP is a measure of activity frequently misunderstood as a measure of wealth, and the broken windows fallacy is a conflation of an increase in economic activity with an increase in wealth. Same thing. Put another way, arguments about GDP growth are frequently fallacious, which I agree with.
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