According to William (1996) Henry Hazlit 's the Broken Window Fallacy states that when a hoodlum throws a brick and breaks the baker 's window. The baker is upset that he has to spend $250 to have the window repaired but a consumer reminds the baker that he is helping the economy because this creates a job for the glazier (glass repairman).
The parable of the broken window was introduced by French economist Frédéric Bastiat in his 1850 essay "That Which We See and That Which We Do Not See" ("Ce qu'on voit et ce qu'on ne voit pas") to illustrate why destruction, and the money spent to recover from destruction, is not actually a net benefit to society.
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