The State Capacity Question

There's an optimal level of defense spending, and it's tied to you have capitally of wealth. It's possible to usey mention to go over it's possible to spend too much. But the key thing that i focus on is i focus on this in a sort of evolutionary sense. So, like, what states are really doing is they're just trying to make their best guess of what’s going on and what they need to do given the threats and the constraints that they see. And soke, that part of the problem is, how do we design these policies, institutions,. inferstructure to make sure that everyone has adequate defense? I mean, at the same

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