The War on Terror and its Effects on the U.S. Economy

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The War on Terror and its Effects on the U.S. Economy
Introduction
Analyzing the effects of the global war on terror (GWOT) on the U.S. economy is a complex endeavor, for two reasons: firstly, such an analysis requires a theory of causation that is neither under- nor over-inclusive of what to consider an effect of GWOT; secondly, GWOT has legitimately impacted so many dimensions of the U.S. economy that it is not easy to provide a brief synopsis of its effects.
The problem of causation is a serious one, and should be tackled first. Take, for example, expanded U.S. foreign aid to Pakistan in the wake of 9/11. How much of this aid can be ascribed to Pakistan’s pivotal role in GWOT, and how much is ascribable to the existing strategic...

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