Linked by Thom Holwerda on Wed 27th Jun 2012 20:27 UTC
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Member since:
2005-07-06
I think he is speaking in terms of morality, as in what is best for everyone and not for an individual who is only concerned for himself. In other words, perhaps your purchase might help create a job for someone who is unemployed.
That is thinking about the economy (or "societal economic morality", whatever) essentially in the terms of broken window fallacy...