Bomb all cities world wide. Imagine the prosperity and the economic growth! https://en.m.wikipedia.org/wiki/Parable_of_the_broken_window …
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The ol' Keynes v Hayek debate... Yes, a broken window brings a temporary job, but the money spent there delays the development of better things. Or like in the loss of a child mayb forever end its development. There ARE straws that break our backs
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It's certainly good for corporations that manufacture arms used by militaries.
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War is good for the economy if it secures resources or prevents the restriction of resources.
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Broken window fallacy. War is a highly inefficient use of scarce resources, that could alternatively be used for other more efficient uses.
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It sure creates economic growth for politicians and certain corporations.
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Serves the military industry complex nicely though? Perhaps even a reason for more laws? See patriot act.
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When we steal resources from other regions, we destroy competition. Does that strengthen the dollar? (I'm no economist....)
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This is the old war economy thing. All that government spending stimulates. I really don't know this subject perfectly.
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No need to be short, Stefan! I think he has a legitimate question.
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No but the person making the phones gets richer by you buying a new phone....
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The inconvenient truth is that America did not recover from the depression until WW II boosted production and consumption. I don’t like it but that is the way it was.
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Caveate, it's ok as long as your country isn't being blown up.
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To be fair it does stimulate economic activity if you aren't the country hosting the war.
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It spurs technological advancement.
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