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re: Would we be as technologically advanced without the Cold War?
Posted on 2/8/18 at 10:23 am to Jim Rockford
Posted on 2/8/18 at 10:23 am to Jim Rockford
quote:
Well...a tank is not manufacturing other tanks
Neither is a shoe or a cabinet, but all have economic benefits.
quote:
or creating consumer goods and services
Does the American public not "consume" the tank? Or the individual tank driver?
The very existence of private military contractors undercuts your thinking here.
You'll have to define what exactly you mean by "dead end investment" because I've never heard economists that I've been around use that term.
This post was edited on 2/8/18 at 10:26 am
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