2min chapter

Ones and Tooze cover image

The Economic Impact of Israel’s Surge Toward Authoritarianism

Ones and Tooze

CHAPTER

The Importance of High Tech Stories in Aggregate Economic Growth

The Israeli military is seen as a tax on human capital. The more that men and women have to spend time learning to fire weapons, the less time they could otherwise be doing. It's hard to say whether it really amounts to a significant share of the growth story. All together, it's very easy to exaggerate the significance of high tech stories in aggregate economic growth.

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