Military Keynesianism Doesn’t Work

““Military Keynesians” – people who think that war is good for the economy – base their theory on the idea that World War 2 pulled us out of the Great Depression.

“I have exhaustively demonstrated that this is a myth: war is not good for the economy.  But even if WWII were good for the economy, things are completely different today.” …

http://www.washingtonsblog.com/2012/02/military-keynesianism-cant-work-because-wwii-was-different.html

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