The Economy, Stupid cover image

The global weapons industry and what it's worth

The Economy, Stupid

CHAPTER

The Economics of Military Aid and Arms Sales

This chapter examines the financial consequences of U.S. military aid to Israel and maritime operations in the Red Sea, revealing increased shipping costs due to longer routes. It highlights the complex dynamics of military financing, opaque transaction channels, and the significant role of defense contractors in arms sales. Additionally, the chapter explores the evolving landscape of the military-industrial complex, detailing the competition between established firms and emerging tech startups.

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