Quote:
Originally Posted by HHW
And Bastiat's Glazier may spend his 6 francs in the local tavern on a pint of ale, and the inn keeper may spend the 5 francs he earns on buying new cooking pots from the shopkeeper to improve his business. Not all of the 6 francs are wasted.
Look, I'm not saying that money spent on security is the best use of that money, but it doesn't just vanish. It will still circulate in the economy.
As stated, people should spend their money on "things they actually want and value." Many people consider the overall impact of these events to be of value. I do, and would be willing to support it. You may not and are free to say so.
But, on the whole not much glass will get broken. And perhaps the shopkeeper would spend his saved money on a vacation in Mexico anyway instead of on new shoes or a book. Of value to him but not of any value to his neighbours
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it will have an impact on nearby cities too. An event of that magnitude will have a significant impact over the hospitality/tourism industry in cities like Lethbridge and Red Deer. Slightly cheaper hotel rooms with tour busses making daily/nightly trips to and from Calgary would certainly be in order (you already see it a little during Stampede)