Word: godsend
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Dates: during 1900-1909
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...Hirst, editor of "The Economist," London, delivered a very interesting lecture on "The Political Economy of War" last night in Emerson D. He began by upholding Adam Smith's view that war is waste, which is contrary to the popular view. The idea that a battleship is a godsend to the community where it is built, because it employs so many men was shown to have no relation to the economic question in hand. The employment of too many soldiers is also a great evil, because it prevents these men from being productive laborers and makes them consumers of public...