The Cost of the War

Tyler Cowen is an Economics professor at George Mason University, who has one of the biggest blogs in the United States in his field. He has recently written a book called “Discover your inner Economist.” I haven’t read it yet but it is definitely in the works and I am sure it is great.

He wrote a good letter/article to President Bush, which you can find here.

And you can find his blog on my blog-list, called Marginal Revolution.

As I have for the most part supported the war but thought that it was very badly mismanaged I found this to be very interesting:

4. Don’t forget the small statistics, which are often the most striking. According to John Pike, the head of the research group GlobalSecurity.org, an estimated 250,000 bullets have been fired for every insurgent killed in Iraq. That’s not just a waste of ammunition; it’s also a reflection of how badly the country has been damaged and how indiscriminate some of the fighting has been. Or take another straw in the wind: The cost of a coffin in Baghdad has risen to $50-75, up from just $5-10 before the war, according to the Nation magazine.

Read it for yourself, it’s a great article….

~PCCapitalist

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Published in: on November 18, 2007 at 6:50 am  Leave a Comment  
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