Murray N. Rothbard on States, War, and Peace: Part II by Joseph Stromberg
If full-scale state-level warfare breaks out between the interested parties, both states will increase their assaults on person and property at home in the name of fighting the war. This is a net loss to society (meaning actual people). The worst case would involve widening the two-state war into some kind of cosmic coalition struggle in the name of "collective security" or some other abstraction. Damage – heretofore limited – is maximized and these higher costs will affect the societies involved, long after the nattily dressed foreign reporters have filed their upbeat, first-person propaganda pieces and gone home.
- posted by SARTRE @ 8:30 AM