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The Overton window is an approach to identifying the ideas that define the spectrum of acceptability of governmental policies. It says politicians can act only within the acceptable range. Shifting the Overton window involves proponents of policies outside the window persuading the public to expand the window. Proponents of current policies, or ...
The parable seeks to show how opportunity costs, as well as the law of unintended consequences, affect economic activity in ways that are unseen or ignored. The belief that destruction is good for the economy is consequently known as the broken window fallacy or glazier's fallacy .
Finally, the art of economics consists of looking not just at the immediate effects of a policy but at its longer-term effects for all groups. Chapter 2, "The Broken Window", uses the example of a broken window to demonstrate what Hazlitt considers the fallacy that destruction can be good for the economy. He argues that while the broken window ...
The novel is based on the Overton window concept in political theory, in which at any given moment there is a range of policies related to any particular issue that is considered politically acceptable ("in the window"), and other policies that politicians seeking to gain or hold public office do not feel they can recommend without being ...
Third rails used to power trains usually result in the death by electrocution of anyone who comes into direct contact with them. The third rail of a nation's politics is a metaphor for any issue so controversial that it is "charged" and "untouchable" to the extent that any politician or public official who dares to broach the subject will invariably suffer politically.
Politics portal. v. t. e. In politics, triangulation is a strategy associated with U.S. President Bill Clinton in the 1990s. The politician presents a position as being above or between the left and right sides (or "wings") of a democratic political spectrum. It involves adopting for oneself some of the ideas of one's political opponent.
Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel and entertainment. But this summer it will cost even more thanks to “ funflation ...
Democratic transition. Since c. 2010, the number of countries autocratizing (blue) is higher than those democratizing (yellow). A democratic transition describes a phase in a country's political system as a result of an ongoing change from an authoritarian regime to a democratic one. [1] [2] [3] The process is known as democratisation ...