Comment by IsTom

Comment by IsTom 2 days ago

1 reply

How can it stimulate the economy? That's just lack of consideration of cost of opportunity. Hospitals paying for more of similar software is hospitals not paying for something else that could actually improve care.

cyberax 2 days ago

"Broken windows" can help to jumpstart a stalled economy, that exists in a state of depressed spending. In modern economies, this state is immediately apparent when the interest rate goes down to near zero.

E.g. the US in 2008. Or Europe and the US in 1930.