Ron Paul: War is Never Economically Beneficial
“War is never economically beneficial except for those in position to profit from war expenditures.” ~ Ron Paul
Perhaps the most harmful economic fallacy – propagated by Keynesian economists such as Paul Krugman – is that war can stimulate sustainable economic growth. Employing people to kill other people halfway around the world is not economically beneficial, it is destructive. Resources used in efforts to kill other people are resources lost from the free market where entrepreneurs develop new products, innovations, and other advances that increase the well-being of the vast majority of society. War diverts resources from peaceful exchange to military activities destructive of human life.
Peace builds, war destroys. Always. Do not buy the fallacy that war is good for the economy; it isn’t.
