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Calculating the Cost of War36:17
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photoInvading Iraq will cost many billions. Can the American economy, already in the doldrums, afford it? And just who will pay?

Guests:

William D. Nordhaus, Sterling professor of economics at Yale University, author of "Iraq: The Economic Consequences of War" in the December 5th issue of the New York Review of Books

Robert Hormats, Vice-President at Goldman, Sachs, author of "The Cost of Fighting" in the December 6th Wall Street Journal

This program aired on December 11, 2002.

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