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Author: Jane Meadows Publisher: ISBN: Category : United States Languages : en Pages : 92
Book Description
The Permanent War Economy, originating in the 1940s, has produced decades of excessive defense spending, contributing to waste that detracts funds from social expenditures to meet domestic needs. Previous research on this topic has focused greatly on the origins and causes of this economy with little emphasis on modern solutions to solve this problem and little focus on policy alternatives that can be funded with decreases in defense spending. In this thesis, I use data from the Organization for Economic Cooperation and Development (OECD), the White House Office of Management and Budget, and Federal Reserve Economic Data (FRED) to compose a timeline of how defense spending has changed from 1962 to 2020, how U.S. defense spending compares to the rest of the world, and how much the United States could have saved from 1999 to 2019 had it spent the global average percentage of GDP on defense, which I then use to illustrate a number of alternative domestic programs that could be funded with the consequent savings. My findings indicate support for the theory of the Permanent War Economy and show that it is possible for the United States to decrease defense spending and reallocate those funds to domestic programs while maintaining a position of global military strength. - Abstract.
Author: Jane Meadows Publisher: ISBN: Category : United States Languages : en Pages : 92
Book Description
The Permanent War Economy, originating in the 1940s, has produced decades of excessive defense spending, contributing to waste that detracts funds from social expenditures to meet domestic needs. Previous research on this topic has focused greatly on the origins and causes of this economy with little emphasis on modern solutions to solve this problem and little focus on policy alternatives that can be funded with decreases in defense spending. In this thesis, I use data from the Organization for Economic Cooperation and Development (OECD), the White House Office of Management and Budget, and Federal Reserve Economic Data (FRED) to compose a timeline of how defense spending has changed from 1962 to 2020, how U.S. defense spending compares to the rest of the world, and how much the United States could have saved from 1999 to 2019 had it spent the global average percentage of GDP on defense, which I then use to illustrate a number of alternative domestic programs that could be funded with the consequent savings. My findings indicate support for the theory of the Permanent War Economy and show that it is possible for the United States to decrease defense spending and reallocate those funds to domestic programs while maintaining a position of global military strength. - Abstract.
Author: James E. Payne Publisher: Routledge ISBN: 0429715684 Category : Business & Economics Languages : en Pages : 234
Book Description
This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.
Author: R.W. DeGrasse Publisher: Routledge ISBN: 1315495880 Category : Business & Economics Languages : en Pages : 257
Book Description
By assessing the costs and benefits of military spending, the authors provide a "second opinion" on the subject of military economics. While advocates of increased military spending often stress the positive effects of the Pentagon on the economy, there has been little systematic summary of the "opportunity costs" that society pays for a large military establishment. This book fills that gap.
Author: Publisher: Potomac Books, Inc. ISBN: 1597975702 Category : Business & Economics Languages : en Pages : 288
Book Description
This edited volume reveals how a permanent war economy has made the United States unable to spread democracy abroad and has worsened domestic problems. The editors draw from classical readings in political theory, from primary documents (including key court decisions), and from social science research to analyze such issues as the effect of militarization and combativeness on the everyday lives of Americans. The editors also address the dire connection among banking losses, the housing recession, the welfare/national security state, and the challenge of rebuilding AmericaÆs infrastructure.
Author: Dan Smith Publisher: Pluto Press (UK) ISBN: Category : Business & Economics Languages : en Pages : 134
Book Description
Economic analysis of public expenditure for arms, defence and military personnel in OECD countries since the 1950s - discusses the role of interest groups in fostering international and national level militarism; explains economic implications of military spending under market economy conditions; includes industrial aspects in a feasibility study of disarmament; considers the role of USSR militarism. References, statistical tables.
Author: Members of Congress for Peace through Law. Military Spending Committee Publisher: Greenwood ISBN: Category : Defense contracts Languages : en Pages : 290
Author: Jane Meadows
Author: Jane Meadows
Author: Seymour Melman
Author: T. N. Vance
Author: Alex Mintz
Author: James E. Payne
Author: Seymour Melman
Author: R.W. DeGrasse
Author: 
Author: Dan Smith
Author: Members of Congress for Peace through Law. Military Spending Committee