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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label war spending. Show all posts
Showing posts with label war spending. Show all posts
Thursday, April 07, 2016

Charts of the Day: Global Military Spending Soars!

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Brinkmanship geopolitics has prompted a surge in global military spending The Bloomberg reports : Global military spending has begun...
Monday, April 13, 2015

Quote of the Day: One of the most pervasive and dangerous myths of our time is that military spending benefits an economy

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No, the real enemy is the taxpayer. The real enemy is the middle class and the productive sectors of the economy. We are the victims of th...
Tuesday, March 19, 2013

Charts of the Day: World Military Spending and Arms Trade

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Two related charts of the day First world defense spending The Economist speculates that if the current rate of growth persists...
Monday, June 06, 2011

Spratlys Dispute: Why AFP’s Plan to Build Up Military Signifies War on the Filipinos

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Governments always look for an excuse to expand power. And General Douglas MacArthur was right, government always try to keep “us in a conti...
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