Of course not. This is pretty easy to understand when a little bit of time is taken to look at it. Unfortunately, this Keynesian nonsense that war is somehow good for the economy has so permeated the culture that most people likely believe it. I would ask people to just think a little bit, if all those factories that were producing planes and bombs were instead used to make consumer good like cars and washer machines, Americans would have a much higher standard of living. Instead, valuable resources were put into the “war industry” and that capital was completely lost. The Keynesians would counter and say that these resources were idol and were not being used. This may be true to a certain extent but this is because FDR‘s New Deal policies did not let the market clear because wage and price controls that he put in place. Any economy will always move towards equilibrium if the state keeps it hands off. Moreover, how could the economy being doing well if people did not have access to the goods that they needed. After all, throughout the war, there were massive shortages in all kinds of consumer good from meat to rubber. If people could not buy the goods they wanted, how was the economy doing well? I might have a million bucks but if I have nothing to buy I would be pretty poor. A large problem with this “war time boom” idea is the way that the government calculates GDP. GDP includes both government and private sector spending but government spending does not in anyway represent an increase in economic value and is usually just the opposite as discussed before. When a government produces bombs, it does not increase a population’s standard of living but instead decreases it because valuable resources are diverted into a sector that in no way adding value to the lives of the people. Anyway, here is Robert Higgs discussing the topic.
you are actually a good webmaster. The site loading velocity is incredible. It sort of feels that you are doing any unique trick. In addition, The contents are masterpiece. you have performed a fantastic activity in this matter!
Hi it’s me, I am also visiting this site regularly, this website is actually pleasant and the users are really sharing good thoughts.
Hi, Neat post. There is a problem together with your web site in internet explorer, may check this? IE still is the marketplace leader and a good section of folks will omit your great writing due to this problem.
There is definately a lot to learn about this subject. I like all the points you’ve made.
WOW just what I was searching for. Came here by searching for %keyword%
If some one wants expert view regarding blogging and site-building after that i suggest him/her to visit this weblog, Keep up the nice job.
I am actually thankful to the owner of this website who has shared this enormous post at here.
Quality posts is the main to invite the people to go to see the site, that’s what this website is providing.
Thanks for sharing your thoughts on %meta_keyword%. Regards
Pretty! This was an extremely wonderful post. Thanks for providing this info.
Good day very nice web site!! Guy .. Beautiful .. Superb .. I will bookmark your blog and take the feeds also? I am satisfied to seek out so many useful information here in the submit, we’d like develop more strategies in this regard, thank you for sharing. . . . . .
Excellent post. I am going through a few of these issues as well..
Hurrah! At last I got a webpage from where I can in fact take useful information regarding my study and knowledge.
353553 361904Wohh just what I was searching for, thanks for putting up. 993688
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You clearly know what youre talking about, why waste your intelligence on just posting videos to your blog when you could be giving us something enlightening to read?
Hi there, yeah this post is in fact fastidious and I have learned lot of things from it concerning blogging.
thanks.
This article gives clear idea in favor of the new users of blogging, that in fact how to do blogging.
Hello! This is my first visit to your blog! We are a group of volunteers and starting a new initiative in a community in the same niche. Your blog provided us valuable information to work on. You have done a extraordinary job!
Good info. Lucky me I discovered your site by accident (stumbleupon). I have bookmarked it for later!
My spouse and I stumbled over here coming from a different website and thought I may as well check things out. I like what I see so now i am following you. Look forward to exploring your web page for a second time.
Good post. I’m facing some of these issues as well..
Hola! I’ve been following your web site for a long time now and finally got the bravery to go ahead and give you a shout out from Porter Tx! Just wanted to mention keep up the excellent job!
What’s up everyone, it’s my first visit at this site, and post is truly fruitful for me, keep up posting such articles or reviews.
What’s up, just wanted to tell you, I liked this article.
It was inspiring. Keep on posting!
Wow, marvelous blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your site is great, let alone the content!
Quality articles is the important to be a focus for the users to go to see the site, that’s what this website is providing.
My programmer is trying to persuade me to move to .net from PHP. I have always disliked the idea because of the expenses. But he’s tryiong none the less. I’ve been using Movable-type on numerous websites for about a year and am worried about switching to another platform. I have heard great things about blogengine.net. Is there a way I can transfer all my wordpress content into it? Any kind of help would be really appreciated!
669645 411185Yay google is my world beater aided me to locate this outstanding internet site ! . 668248
Hi, i feel that i saw you visited my weblog so i got here to go back the choose?.I am trying to in finding things to improve my site!I assume its ok to use some of your concepts!!
Sweet blog! I found it while surfing around on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Many thanks
A fascinating discussion is worth comment. I do believe that you ought to write more on this subject, it might not be a taboo subject but usually people don’t speak about such subjects. To the next! Kind regards!!
Asking questions are in fact nice thing if you are not understanding anything fully, except this article provides nice understanding even.
Do you mind if I quote a couple of your posts as long as I provide credit and sources back to your website? My website is in the very same area of interest as yours and my visitors would genuinely benefit from a lot of the information you present here. Please let me know if this okay with you. Thanks a lot!
This is the right site for anybody who would like to find out about this topic. You understand so much its almost hard to argue with you (not that I actually would want toHaHa). You definitely put a new spin on a topic that has been written about for decades. Excellent stuff, just excellent!
Hi there friends, good piece of writing and nice arguments commented here, I am really enjoying by these.
938075 298623I discovered your weblog internet site on google and check just several of your early posts. Proceed to sustain up the exceptional operate. I just extra up your RSS feed to my MSN Info Reader. Seeking forward to reading much more from you in a even though! 176676
You’ve made some really good points there. I checked on the internet for additional information about the
issue and found most people will go along with your views on this website.
Hey There. I found your blog using msn. This is a very well written article. I will be sure to bookmark it and come back to read more of your useful information. Thanks for the post. I will definitely comeback.
There is definately a lot to learn about this subject. I love all the points you’ve made.
Greetings! Very helpful advice within this article! It is the little changes which will make the most important changes. Thanks a lot for sharing!
If you want to increase your knowledge only keep visiting this site and be updated with the most up-to-date news posted here.
Hi, just wanted to say, I liked this post. It was funny. Keep on posting!
What’s up, I want to subscribe for this weblog to take latest updates, thus where can i do it please help.
Incredible story there. What happened after? Thanks!
Your style is very unique compared to other people I have read stuff from. Thanks for posting when you have the opportunity, Guess I will just bookmark this site.
I am extremely inspired with your writing skills and alsowell as with the format on your blog. Is this a paid subject matter or did you customize it yourself? Either way stay up the nice quality writing, it’s rare to peer a nice blog like this one nowadays..
I am sure this piece of writing has touched all the internet people, its really really good article on building up new weblog.
Hi to every one, because I am truly keen of reading this weblog’s post to be updated regularly. It consists of pleasant stuff.
I really love your site.. Very nice colors & theme. Did you make this site yourself? Please reply back as I’m hoping to create my very own website and would like to learn where you got this from or exactly what the theme is called. Cheers!
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.