Wednesday, November 03, 2010

The Dogs of War...

A disturbing trend I have noted here is the gall of some economic pundits and commentators in their attempts to categorize war as a "beneficial" development for a developed economy on the wane.

Ignoring the obvious normative questions involved with such utterances, to state with any sanity that the long term costs of war are less than the benefits gained requires a MUCH more nuanced, neigh Omnipotent perspective on the "totals" in the accounting ledger.

To merely state that war is good because of GDP figures during increased manufacturing output for the engines of war is sophistry, nothing more.

So readers beware of pundits downplaying the costs of war, especially in light of the recent problems in, once again and for all eternity it seems, the mid-east.

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