Mises Wire
Author:
Jeffrey A. Tucker
Online Publish Date:
Here is a howler from Paul Krugman: The fact is that war is, in general, expansionary for the economy, at least in the short run. World War II, remember, ended the Great Depression. The $10 billion or so we’re spending each month in Iraq mainly goes to US-produced goods and services, which means that the war is actually supporting demand. Yes,