Note to the "ladder of force left"

[Michael Perelman]

Lou P.'s valuable note is very useful.  I used the story of the first
World War in a talk that I gave this morning.  The US government jumped in
full of moral certainty.  The combination of a whipped up public and the
need to pay off the bankers -- echoes of Keynes' Economic Consequences --
screwed up the German economy and sowed the seeds of the next war.

Nobody says that the US was responsible for the death camps, although some
prominent US figures, including W's grandfather and great grandfather and
Henry Ford, supported Hitler's rise to power, but the unintended
consequences of the policy in WW I did contribute to WW II .....

 -- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu