Some people like war for some reason, yet they don't understand how war consolidates power in the hands of the state. War is also bad for the economy, yet people believe the opposite. As Robert Higgs points out in How War Amplified Federal Power in the Twentieth Century, the publicly held debt rose by $200 billion during World War II, and the U.S. dollar lost nearly half its purchasing power between 1940 and 1948.
Not only does war make us poorer, Washington grows stronger, limiting our freedom. Higgs' great article appeared in The Freeman: Ideas on Liberty in December, 2001. Read the rest of the article here.
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