[c312]

No, I won't offer a rebuttal because I think he's right in this case, but we've seen wars do good things for economies in the past. I think a limited war such as the one we are currently engaged in, without having manufacturing going to any extraordinary length can't be good for the economy.

Also, I agree with Stiglitz about his views on loan corporations and indebted countries to a point, he does have some good stuff to say.