Wednesday, April 30, 2014

How Much Is Peace Actually Worth? - Pacific Standard: The Science of Society

How Much Is Peace Actually Worth? - Pacific Standard: The Science of Society



Smart people want peace everywhere , because violence costs one hell of a money.



The most recent study published by the Institute for Economics and Peace (IEP) found that violence cost the world $9.46 trillion in 2012 alone. That’s 11 percent of gross world product. By comparison, the cost of the financial crisis was just 0.5 percent of the 2009 global economy.

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