Jeff Bezos To Retrieve Apollo 11 Rocket Engines

Money is only wasted if you throw it in a pile and burn it. If it gets spent on something, regardless of how silly, then it stays in circulation; somebody will be using it to buy groceries, pay the mortgage, take his kids to the doctor, etc. A bunch of people will be employed on this project, and a bunch of companies will be selling goods and services. This is exactly the kind of stuff we want rich people to be doing with their money.

Someone's going to bring up the fact that you just described the broken window fallacy, so I'll preempt it:

1) It looks like you've fallen afoul of the broken window fallacy, but
2) the broken window fallacy only has meaning if the money would otherwise have been spent on something more meaningful than fixing your metaphorical broken window. Considering that this is reality, not Metaphorland, the broken window fallacy hardly ever has bearing on any situation.

In conclusion, I think you're exactly right.

Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/kCOrEE-77lY/jeff-bezos-to-retrieve-apollo-11-rocket-engines

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