Evolving Perspectives on Economics and Defense

This chapter explores the evolution of economic thought, moving away from rigid perspectives towards a more nuanced understanding. It also discusses the implications of missile defense systems in modern warfare, particularly in relation to Russia's military production and the ongoing conflict in Ukraine. The conversation highlights the complexities of modern warfare, economic sustainability, and the intersection of literature and political discourse.

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In today’s episode, Noah Smith and Brad DeLong tackle pressing topics such as the potential for a 'China Shock 2', the effectiveness of missile defense systems, and the shifting role of economists since the Great Recession. They also explore the nuances of economic theory, policy implementation, and real-world outcomes, particularly in a fast-paced information age.

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LINKS:

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Hexapedia links:

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References:

Brad DeLong: https://braddelong.substack.com/