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Krugman’s War Fantasies

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According to Paul Krugman, it seems that World War II created a foundation for long-run prosperity. Yes, what we really need is to add to our deficit and debt in ways unimaginable. (Thank goodness, Krugman does not recommend that our armed forces invade yet another hapless Third World country.)

I answer Krugman here and here.

Bill Anderson is a professor of economics at Frostburg State University in Frostburg, Maryland.

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