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A politician proposes to build a road that is expected to have very little use, and thus be of little long-term value to the community.
A politician proposes to build a road that is expected to have very little use, and thus be of little long-term value to the community. He claims that construction will add to economic growth and the plan should be implemented. What fallacy describes his thinking
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
