A regular reader of Antiwar.com writes, “Professor Joe Salerno, academic vice president of the Ludwig von Mises Institute in a recorded talk from the institute’s 30th anniversary celebration, talks about the Keynesian architects of the US Warfare state. Salerno explains how Keynesian economics teaches that wasteful consumption of all kinds, including warfare, generates additional income which makes society wealthier. For this reason, academic and government Keynesian economists have recommended additional military spending to help the economy out of the current recession.”
Weaponized Keynesians?
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