Antiwar.com’s economist David Henderson spoke to the Monterey Peace Coalition on Saturday, May 14th. Professor Henderson wrote of his speech:
Economics is a powerful tool for understanding the effects of government policy.
While economists use economics to understand the effects of government
intervention in the domestic economy, they have done little to use those same tools
to understand the effects of foreign policy, especially war. But doing so, and paying
particular attention to information problems, incentives, and unintended
consequences leads to a powerful case for a non-interventionist foreign policy.
Even World War II, the so called good war, had horrible consequences and the United States could have avoided it.
To learn more about the Monterey Peace Coalition, please visit their website.