Military spending as a share of total national output is a worthless indicator for helping to determine the American publics genuine defense needs. As a political tool for protecting Pentagon budgets from prudent cutbacks, however, it excels.
Read the Full Article
(PDF, 3 pages)
|Other Independent Review articles by Robert Higgs|
|Summer 2016||Douglass C. North: Trailblazer|
|Winter 2016||Ludwig von Mises and Dietrich von Hildebrand: Some Remarkable Parallels|
|Fall 2015||How Big Is Government in the United States?|
|[View All (53)]|