Military Spending/Gross Domestic Product = Nonsense for Budget Policymaking
By Robert Higgs
This article appeared in the Summer 2008 issue of The Independent Review


Military spending as a share of total national output is a worthless indicator for helping to determine the American public’s genuine defense needs. As a political tool for protecting Pentagon budgets from prudent cutbacks, however, it excels.

Other Independent Review articles by Robert Higgs
    Fall 2015   How Big Is Government in the United States?
    Summer 2015   Gross Domestic Product—an Index of Economic Welfare or a Meaningless Metric?
    Spring 2015   Compassion—a Critical Factor for Attaining and Maintaining a Free Society
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