The Myth that Won't Die: "War is Good for the Economy"

The Myth that Won’t Die: “War is Good for the Economy”

Tags: Keynes, Taxes and Spending, Unemployment, War and Foreign Policy

04/04/2026 Carlos Boix

One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless, its overall legacy is destructive, and even the jobs war “creates” are economically undesirable.

Original article: https://mises.org/mises-wire/myth-wont-die-war-good-economy

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