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The economics of war extend far beyond energy prices and stock markets

The Conversation · 🇦🇺 public Australia · · 922 words · By Junaid B Jahangir
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What to know about The economics of war extend far beyond energy prices and stock markets

In the aftermath of the 2008 financial crisis, student groups pushed for curriculum change in economics.

Propaganda risk 60%
Claims checked 10
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center83%
Right17%

6 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

In the aftermath of the 2008 financial crisis, student groups pushed for curriculum change in economics.

Why it matters

They wanted to learn about real-world economics beyond the stylized models that embroil students in mathematics.

Common ground

As an economics professor, my own students have asked me about issues like Gaza and Iran, when textbooks aren’t much help.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://theconversation.com/the-economics-of-war-extend-far-beyond-energy-prices…

analyticsAnalysis

60%
Propaganda Score
confidence: 80%
Significant concerns. Multiple propaganda techniques detected.

fact_checkClaims Checked

eFinder analyzed this article and checked 10 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

help Insufficient Evidence 7
verified Verified By Reference 3
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Claim 1: “The petro-dollar system allows the U.S. to exercise economic power through access to cheap credit and the ability to sanction other countries.”
INSUFFICIENT EVIDENCE
This claim was extracted as a checkable statement from the article. eFinder labels it insufficient evidence based on the available evidence and source context shown below.
help
Claim 2: “Workers were labelled as 'communists' for demanding labour rights.”
INSUFFICIENT EVIDENCE
This claim was extracted as a checkable statement from the article. eFinder labels it insufficient evidence based on the available evidence and source context shown below.
verified
Claim 3: “The courses include the Economics of Racism, the Economics of Inequality and the Economics of Gaza, which has been translated to Arabic by the Iraqi Economists Network.”
VERIFIED BY REFERENCE
This claim was extracted as a checkable statement from the article. eFinder labels it verified by reference based on the available evidence and source context shown below.
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wikipedia NEUTRAL — During its invasion of the Gaza Strip between 2023 and 2025, the military of the state of Israel has destroyed or damaged hundreds of culturally or historically significant buildings, libraries, museu…
https://en.wikipedia.org/wiki/Destruction_of_cultural_herita…
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wikipedia NEUTRAL — Misinformation and disinformation involving the distribution of false, inaccurate or otherwise misleading information has been a prominent and ubiquitous feature of the Gaza war. Much of the content h…
https://en.wikipedia.org/wiki/Misinformation_in_the_Gaza_war
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wikipedia NEUTRAL — The Popular Mobilization Forces (PMF; Arabic: قوات الحشد الشعبي, romanized: Quwwāt al-Ḥashd ash-Shaʿbī), also known as the Popular Mobilization Units (PMU), is an Iranian-backed paramilitary umbrella …
https://en.wikipedia.org/wiki/Popular_Mobilization_Forces
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Claim 4: “Large oil companies don’t gain much by the production of oil; it’s the exercise of power and war that benefits them.”
INSUFFICIENT EVIDENCE
This claim was extracted as a checkable statement from the article. eFinder labels it insufficient evidence based on the available evidence and source context shown below.
verified
Claim 5: “Democratically elected leaders like Donald Trump and Benjamin Netanyahu have initiated wars against theocracies like Iran.”
VERIFIED BY REFERENCE
This claim was extracted as a checkable statement from the article. eFinder labels it verified by reference based on the available evidence and source context shown below.
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wikipedia NEUTRAL — On July 13, 2024, Donald Trump, then a former president of the United States and the presumptive nominee of the Republican Party in the 2024 presidential election, survived an assassination attempt wh…
https://en.wikipedia.org/wiki/Attempted_assassination_of_Don…
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wikipedia NEUTRAL — Trumpism is the political ideology behind Donald Trump, the 45th and 47th president of the United States, and his political base. It is often used in close conjunction with the Make America Great Agai…
https://en.wikipedia.org/wiki/Trumpism
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wikipedia NEUTRAL — Donald Trump's use of social media attracted worldwide attention since he joined Twitter in March 2009. Over nearly twelve years, Trump tweeted around 57,000 times, including about 8,000 times during …
https://en.wikipedia.org/wiki/Twitter_use_by_Donald_Trump
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Claim 6: “Defense stocks soared in value during Israel’s assault on Gaza.”
INSUFFICIENT EVIDENCE
This claim was extracted as a checkable statement from the article. eFinder labels it insufficient evidence based on the available evidence and source context shown below.
help
Claim 7: “Conflict Economics defines genocide as acts committed or conditions generated with intent to destroy in whole or in part a racial or religious group.”
INSUFFICIENT EVIDENCE
This claim was extracted as a checkable statement from the article. eFinder labels it insufficient evidence based on the available evidence and source context shown below.
help
Claim 8: “Muslims are dehumanized as 'terrorists' in democracies like the U.S. and India.”
INSUFFICIENT EVIDENCE
This claim was extracted as a checkable statement from the article. eFinder labels it insufficient evidence based on the available evidence and source context shown below.
verified
Claim 9: “Student groups pushed for curriculum change in economics after the 2008 financial crisis.”
VERIFIED BY REFERENCE
This claim was extracted as a checkable statement from the article. eFinder labels it verified by reference based on the available evidence and source context shown below.
menu_book
wikipedia NEUTRAL — The 2008 student protests in Chile were a series of protests and other manifestations by citizens of dissatisfaction against the state of education in Chile. The protest were the largest student prote…
https://en.wikipedia.org/wiki/2008_student_protests_in_Chile
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wikipedia NEUTRAL — A student is a person enrolled in a school or other educational institution, or more generally, a person who takes a special interest in a subject. In the United Kingdom and most commonwealth countrie…
https://en.wikipedia.org/wiki/Student
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wikipedia NEUTRAL — A student loan is a type of loan designed to help students pay for tertiary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types …
https://en.wikipedia.org/wiki/Student_loan
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Claim 10: “Companies like Lockheed Martin, Boeing, Raytheon and Northrop Grumman profit from conflict.”
INSUFFICIENT EVIDENCE
This claim was extracted as a checkable statement from the article. eFinder labels it insufficient evidence based on the available evidence and source context shown below.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.