Most discussions about the costs of war focus on two numbers: the cost in dollars and cents and the more profound and heartbreaking cost in lives. Yet even as depressing as these numbers are, the figures discussed rarely encompass the whole truth. Over many...
Spending Other People’s Money Usually Leads to Bad Results
A new ABC News/Washington Post poll shows that 80 percent of Americans are dissatisfied with the way their government works and 31 percent are angry about it, an all-time high. It doesn’t take a rocket scientist to see that the central problem with government is...
Neoconomics: Conscription and War as Wealth
Adm. Mullen’s Spinning vs. Prof. Hayek’s Insight
Introduction In 1945, the flagship journal of the American Economic Review published one of the ten most important economics articles of the 20th century. Entitled “The Use of Knowledge in Society,” it was written by an Austrian economist named Friedrich Hayek. I deal...
Yet Another Energy and National Security Myth
VetVoice.com (a project of VoteVets.org) recently launched a $2 million television campaign supporting the Clean Energy and American Power Act. In all, there are eight television ads that essentially claim that oil money finances terrorism and that we need to wean...