Browsing articles tagged with " military-industrial complex"
Feb 7, 2016

Where to invade next

Econ4 does not accept advertising dollars. And we don’t promote commercial ventures. But for the first time ever, we’re making this exception (free promotion – still no dollars) for Michael Moore’s latest film. It debuts in theaters on Feb. 12.

Jan 25, 2013

Opportunity cost

Quiz 4 the day: Who said this?

Every gun that is made, every warship launched, every rocket fired signifies in the final sense a theft from those who hunger and are not fed, those who are cold and not clothed.

 

Answer: President Dwight D. Eisenhower in 1953.

Bonus question: What was his political party?

Quoted in Jill Lepore’s short history of the military-industrial complex in this week’s New Yorker. Read it here.

Feb 15, 2012

U.S. Defense Department budget since WW2

Food for thought from the National Priorities Project:

As the chart below shows, current defense spending levels – even without funding for the wars in Iraq and Afghanistan – are higher than at any time since World War II when adjusted for inflation.

 

Source:  http://nationalpriorities.org/publications/2012/talking-about-military-spending-and-the-pentagon-budget/