The New York Times has a wonderful info-graphic depicting the costs of 9/11 by Shan Carter and Amanda Cox. As the author’s point out, the United States has spent an estimated $7 million for every dollar Al Qaeda spent planning and executing the attacks – approximately one-fifth of the current national debt. Notably, these…
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During the Great Depression, economist John Maynard Keynes recommended increasing federal government spending, financed by borrowing, to boost the U.S. economy. It didn�t matter how the new money was spent. If no better use could be found, Keynes suggested building pyramids. Keynes� theory that increased public spending would offset declines in consumer and business…
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