“since the new deal and Keynesianism failed to end the great depression” That’s patently and demonstrably not true. Government spending during WW2 put people to work, put money in their pockets, stimulated private spending and investment, created demand for more products, created the middle class a…

I still dunno where people get the “total war = prosperity” idea from. Did they forget about all the: rationing, shortages, price and wage controls, increased taxation, increased debt, death and destruction etc. etc?

Note that pointing to post-war prosperity versus pre-war privation doesn’t prove anything unless he also shows that this prosperity was not a result of war spoils which the Allies enjoyed through the Bretton-Woods system which permitted the US to inflate dollars and surreptitiously expropriate the …

This: No, because the asshats who talk like that weren’t there and didn’t experience the rationing and shortages. They know nothing…which is kind of why they sound so ignorant.

It’s not war as prosperity. It’s war as restarting the process that creates prosperity. Pointing out the hardships borne during war is irrelevant.

No… This is the litany of statist myths that you kids are taught at state school to remain obedient sheep of the ruling class. Things work exactly the opposite way as you think. But that’s why they told it to you; it unknowingly turns you into an advocate of privileges for the rich. Notice how that…

Because death and destruction are undesirable.

Did you not just say they “restart the process that creates prosperity”?

Some would argue that war can do that. Doesn’t mean it’s worth it.

Military destruction and entrepreneurial demolition should not be confused. In order to improve a neighborhood, you might have to first tear down some of the homes in it. This destruction may represent a real, temporary decrease in the value of the property… the property may have been worth more wit…

Can anyone help me deconstruct this Statist nonsense?

Economics Economics Questions

John_James June 29, 2011, 2:15pm 13

So…destroying things and killing people “restarts the process that creates prosperity”. Why don’t we start a war in the U.S.?

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Can anyone help me deconstruct this Statist nonsense?

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