War symbolizes economic decline like nothing else precisely because it’s defined by the extermination of the very people who create all the growth. The sad fact that economists near unanimously contend that war has a growth upside discredits the profession like nothing else.
The speculation here is that American Institute for Economic Research fellow Julia Cartwright would agree with much that’s just been written. That’s because in a recent piece at the Washington Post, she raised much more than an eyebrow to the popular notion inside the commentariat (and fed by GDP-worshipping economists) that “Military spending is good for the economy.”
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