To Fight or Not to Fight: War’s Payoffs to U.S. Leaders and to the American People
By Robert Higgs
This article appeared in the Summer 2011 issue of The Independent Review

Abstract

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 president’s decision to go to war can be illuminated by means of a simple diagram.



Other Independent Review articles by Robert Higgs
    Winter 2016   Ludwig von Mises and Dietrich von Hildebrand: Some Remarkable Parallels
    Fall 2015   How Big Is Government in the United States?
    Summer 2015   Gross Domestic Product—an Index of Economic Welfare or a Meaningless Metric?
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