Nobel Prize Economist says war is bad for the economy

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Nobel Prize Economist says war is bad for the economy

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Nyck is Offline

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Posts: 17,299

Join Date: May 2002

04-06-2006, 04:10 PM

Quote:

Originally Posted by Madmartagen

i could see how its bad for the nation getting its shit pushed in, and i can see how a limited war like Iraq can be bad for the economy. but werent total wars like WW1 and WW2 good for the US?

common misconception.

more stuff was being spent on tanks and supplies, than automobiles, home gadgets and businesses

"I'm a dog chasing cars. I wouldn't know what to do if I caught one. I just *do* things. I'm a wrench in the gears. I *hate* plans."
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