Tyler Cowen, a professor of economics at George Mason University, argued along similar lines last June in an article posted in The New York Times titled “The Lack of Major Wars May Be Hurting Economic Growth.”
Others, including Ian Morris, a history professor at Stanford University, offer similar arguments.
“It may seem repugnant to find a positive side to war in this regard, but a look at American history suggests we cannot dismiss the idea so easily,” Cowen writes, to which Gary North responds:
“Yes, we can. Quite easily. You would be hard-pressed to find a war in American history that did not raise taxes, raise debt, and kill innocent people.”
Sam Selikoff and Luke Bessey countered Krugman’s argument with a short video, “The Broken Window Fallacy.”
http://www.infowars.com/stock-market-collapse-keynesians-may-argue-for-war/
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