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The Unintended Consequences of World War I

June 28, 2014 in Economics

A hundred years ago this weekend, Archduke Franz Ferdinand of Austria-Hungary was assassinated, triggering World War I and changing the course of the 20th century. And while the devastation of World War I was itself terrible, a recent article from Jim Powell argues that the American entry into World War I was substantially responsible for the unintended consequences that next played out in Germany and Russia, contributing to the rise of totalitarian regimes and another world war.

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