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The opportunity cost of war


A production possibility frontier showing oppo...
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This is the economic opportunity cost of fighting speculative wars , not to mention the moral and political issues that should take an even higher precedence in our conciousness.

Buying a tank is the worst possible use of a dollar, economically speaking, except perhaps for using it as collateral to leverage  up your buying power. The tank sits there rusting away, and when its put into use it detroys things that we end up rebuilding at a far higher cost

 

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  1. November 11, 2010 at 9:27 pm

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