Military spending and Bastiat’s “unseen”

posted by
February 29, 2012
Ludwig von Mises Institute
by Eric Phillips  
Posted in Commentary

"You will often hear self-styled conservatives say, 'I support the free market and a strong national defense.' But if by supporting a 'strong national defense' they mean supporting a large and aggressive conventional military -- as they almost invariably do -- these two positions are mutually exclusive. A military establishment funded by taxation, inflation, and debt is just as destructive to the market economy as a welfare establishment funded by taxation, inflation, and debt." (02/29/12)

http://mises.org/daily/5925/Military-Spending-and-Bastiats-Unseen  

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