journalistic sagacity
bkmarcus
My first Broken Window Award nomination of 2007 goes to Michael E. Kanell of the Atlanta Journal-Constitution, not because he gets the war/economy equation so wrong, but because Tom Woods gave him every opportunity to get it right:
I got the impression during our conversation that the author understood the traditional what-is-seen and what-is-not-seen argument I made, yet anyone walking away from this article would probably conclude that war really is a nice if unfortunate source of stimulus.
I do object to this characterization of what I said: “The idea that war is an economic stimulus is especially suspect if the economy is already in decent shape, said Thomas Woods Jr….” I never said any such thing; whether the economy is in decent shape or lousy shape, war is not a boon, period.
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