This is going to be the first in a series of episodes where we talk about economics and war. I know – economics is a scary boring subject, but it’s really just the study of how people make and spend money. In this episode we’re going to argue that economics (money) was a significant factor in the genesis of the Cold War (and pretty much every other war in history too). We’ll talk about imperialism, gunboat diplomacy, big stick diplomacy, dollar diplomacy, propaganda, Edward Bernays, Walter Lippman, economic hit men, and the Monroe Doctrine. As Major General Smedley Butler wrote: “War is a racket”.
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