Other forms of capital destruction, such as lending for consumption, are best discouraged.
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Few would argue, however, with Mr Rough's analysis that the implosion heralded the "worst period of capital destruction in modern financial market history".
For this alone we can expect some staggering investment errors lured into energy by the money illusion that will lead to substantial capital destruction over time.
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There are no jobs without capital, and Cash for Clunkers promotes the destruction of capital.
But with Americans nothing if not productive, taxes on their income serve as a windfall for a government that only knows capital waste and destruction.
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Conversely, Schumpeterian creative destruction transfers capital and resources into bands playing fresh numbers while composing innovative products ready for the challenges of the new paradigm.
The destruction of the capital stock is not a GDP event, but its reconstruction is.
It is shrouded in mystery as it was built after the destruction of the capital, but no one knows under what circumstances.
But just as the purposeful smashing of windows merely shifts demand while wasting human effort and capital, so does the destruction of automobiles.
That the Fed could not engineer yet another dose of easing that will weaken the economy further without the consent of the White House and Treasury means that the dollar will continue to fall, with more and more investors going on strike in order to avoid more destruction of the capital they might have otherwise committed to growth initiatives.
The Bureau of Economic Analysis attempts to translate the damages from natural disasters like hurricanes into two effects: the destruction of property and the capital stock buildings and equipment and the disruption of the flow of income that this stock of capital produces.
Yet that is all the more reason to worry about the dilution or destruction of Virgin's brand capital.
But creative destruction will help Japan to raise its return on capital.
In mid-May, the Senate Intelligence Committee adopted an amendment, introduced by Republican Senator Fred Thompson of Tennessee, to the 2003 funding bill for intelligence agencies, requiring that they investigate whether foreign firms engaged in the proliferation of weapons of mass destruction are raising funds in U.S. capital markets.
Following the Bureau of Economic Analysis, they acknowledge that disaster losses are made up of two components (destruction of assets and the disruption of the flow of capital), making them different from economic losses.
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Put simply, the mass destruction of farming jobs allowed for the redirection of precious human capital toward more productive, higher value work.
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It wastes valuable capital and although it may prop up the economy in the short term, its wealth destruction at its finest over any lengthy period.
The second panel of the symposium focused on the use of U.S. capital markets as a source of leverage to help thwart the proliferation of weapons of mass destruction and ballistic missile delivery systems.
The BBC's Joseph Benamsse in the capital, Bangui, says it is clear that both regular troops and rebels are responsible for the destruction of Birao.
War is about wealth destruction, the killing of potential customers, and worst of all, the erasure of the human capital most able to drive economic advancement, but economists to this day unthinkingly promote the obtuse lie that WWII ended the Great Depression.
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Because there is currently no national security-based review of entities seeking to gain access to our capital markets, investors are unlikely to know that they may be assisting in the proliferation of weapons of mass destruction by providing funds to known proliferators.
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" The Deutch commission warned, "Because there is currently no national security-based review of entities seeking to gain access to our capital markets, investors are unlikely to know that they may be assisting in the proliferation of weapons of mass destruction by providing funds to known proliferators.
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