New York Times: "Lack of major war may be hurting economic growth"
Question: Could this be true?
Under our Keynesian ecnomic system, used by both political parties, this headline/thought seems normal. How? Because we measure GDP (the economy) by the consumption of wealth rather than the production of wealth, it must be that manufacturing munitions and using them to blow up people and wealth is a way to generate economic growth.
Read the article here
Showing posts with label question. Show all posts
Showing posts with label question. Show all posts
Sunday, June 15, 2014
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