Military Spending Is Not the Same as Defense Spending

Originally appeared at the American Institute for Economic Research. The world is a mess, and conservative politicians talk about increasing “defense spending.” This has obvious appeal. After all, who can be against defending the country? The problem is that most of America’s military outlays have nothing to do with defense. From 1789 to 1947, the … Continue reading "Military Spending Is Not the Same as Defense Spending"
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