$3.3 Trillion

That’s the cost of the war in Iraq, according to a Nobel Laureate economist. He went on to explain what that money could be doing instead, which seems a bit silly to me; it would be easier to list what you couldn’t do. And right now I can’t think of anything for that list.

One of the classic responses to this at the moment seems to be to point out the cost of not taking action. Putting aside the slight problem of logic involved (no Al Qaida in Iraq before the war, WMD, blah blah), I’m actually ready to concede this point, if well made. But for all the accounts I’ve seen making the point, none have actually then actually stated that cost.

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