Tuesday, October 12, 2010

War Economy

  • "Many bad ideas go under the rubric 'Keynesian economics,'" Sheldon Richman, "but perhaps the worst is that government spending — no matter what kind — can genuinely stimulate of an economy and increase the general welfare" — War Does Not Produce Prosperity.

  • A conservative blog for peace links to an article by R. Lee Wrights, potential Libertarian presidential candidate — Wars consume our most precious resource: "Every time a young American soldier, sailor, airman or marine is killed, another dream dies, another possibility dies, another prospect dies. Every time a young American is killed, another hope dies."

  • Michael Hudson asks, "Who needs an army when you can obtain the usual objective (monetary wealth and asset appropriation) simply by financial means?" — Why the U.S. has Launched a New Financial World War -- And How the the Rest of the World Will Fight Back.
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