U.S. presidents have led the American people into a host of bloody and costly wars, even though the only foreign power to have posed an existential threat to the nation was the Soviet Union during the Cold War. A presidents decision to go to war can be illuminated by means of a simple diagram.
|Other Independent Review articles by Robert Higgs|
|Fall 2014||Ronald Coase, Anomalous Superstar of the Economics Profession|
|Summer 2014||The Feds Immiseration of People Who Live on Interest Earnings|
|Spring 2014||The Salmon Trap: An Analogy for Peoples Entrapment by the State|
|[View All (47)]|