Military Spending and Bastiat’s “Unseen”
Every dollar spent on the military is a dollar not spent or invested in the civilian economy.
Every dollar spent on the military is a dollar not spent or invested in the civilian economy.
Sponsored by Furman Conservative Students for a Better Tomorrow, 25 February 2012 at Furman University; Greenville, SC.
Sponsored by Furman Conservative Students for a Better Tomorrow, 25 February 2012 at Furman University; Greenville, SC.
In many ways the United States' foreign policy is much like that winter snowball game.
Of course the president, like everyone, frequently protests his desire for peace. Everyone does this. And I think we may assume he is quite sincere about it.
WWI served as the model, the precedent, and the inspiration for state-corporate capitalism for the remainder of the 20th century.
Interventionism generates economic nationalism, which in turn generates bellicosity. Only laissez-faire policies are consistent with durable peace.
FDR knew that stopping the export of oil to Japan was fraught with danger.
Murray Rothbard modified the famous dictum of Marx: he wished both to understand and change the world.