Power Problems

Perverse Incentives in the Permanent War Economy


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Julia Gledhill, Research Associate for the National Security Reform Program at the Stimson Center, discusses the “permanent war economy” and ongoing efforts to increase military spending. She also talks about perverse incentives for defense contractors, the myth that military spending is properly construed as a jobs program, and the lack of strategic thinking in policy debates on how to confront China, among other issues. 


Show Notes

  • Julia Gledhill, “The Truth about the Permanent War Economy,” Stimson Center Issue Brief, December 2, 2024.

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Power ProblemsBy Cato Institute

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