“War is not good for your economy (unless you aren’t fighting in it).”
That’s pretty well accepted in some economics circles. See the broken window fallacy by Frédéric Bastiat.
With notable, perhaps exceptional counter-points (see: the U.S. and WW2).
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“War is not good for your economy (unless you aren’t fighting in it).”
That’s pretty well accepted in some economics circles. See the broken window fallacy by Frédéric Bastiat.
With notable, perhaps exceptional counter-points (see: the U.S. and WW2).