The Economics of Military Spending

This chapter examines the vast scale of the U.S. military budget, which surpasses $700 billion annually, and compares it to large corporate entities like Walmart. It explores the privatization of military logistics and the presence of foreign contractors in U.S. military operations, highlighting economic implications and trade-offs of defense strategies. Additionally, the discussion raises questions about the effectiveness of military expenditures and their potential role as an economic stimulus amidst competing national priorities.