No, World War II Did Not Help the Economy

Tom Woods replies to the common fallacy according to which World War II was a time of great prosperity in the United States.

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  Education

[piecharthosen]

Every time I talk about WW2 I quote your 'you cannot eat a tank' argument. Excellent

[jeffmagic32]

It amazes me how many people think that using scarce resources to blow up other scarce resources and people creates wealth.

[molbstilo]

Are you really that stupid?

[molbstilo]

LOL FAIL

[wtong89]

Yes thats why US had huge exports after the war. I think Tom ignored that productivity is also determined by labor specialization & technology.

But WWII did set up the infrastructure of Aerospace and Defense and Computers..

Technology grows tremendously during wartime because resources are scarace & technology helps allocate resources more efficiently.

Many libertarians ignore this but most of all advances in technology had a direct or indirect effect by the government.

[Daniel Gjörwell]

Winning a major war that leaves most of the industrial world weak and in some cases destroyed, then of course you have a few decades head start. The World has caught up now and in some areas passed the US.

[StunnedByStupidity]

No i didin't and yes I did. Fucking moron...

[molbstilo]

You continue to confuse the hard sciences with the social sciences, and never answered my question.

[MrHackTv3]

World War II certainly put the U.S.'s military at the top, but war never helps a country's economy. Money for bullets and bandages were top priority for any country.