I'm a bit confused at what you mean. There are three interpretations of your question:
The traditional two spaces after a period, which has to do with typewriters. This is ok, but it just looks unnatural with current technology, since most new fonts have special ways to put in extra space.
This is a sentence. There are two spaces between a period and the next sentence.
Double spacing in paragraphs and essays, which is what it sounds like you might be talking about in your last sentence. This is also ok; it makes papers much easier to read.
This is a sentence. At the end of this line, we skip
a line before continuing. This stops papers from
looking like they're too dense.
Two spaces between each and every word. This is highly not recommended; modern font designers deliberately choose a space width that looks appropriate for the font. The only reason to do so is because of poor kerning by the font designer that makes two words look like one. This is because a space is between two words; using an extra one defeats the purpose.
This type of spacing is unnatural and not correct.
Instead, this natural spacing looks better.
And when I take it into a non-fixed-width font, it looks even better.