• eestileib@sh.itjust.works
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    1 year ago

    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.