Perverse Incentives in the Permanent War Economy

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 NotesJulia Gledhill, “The Truth about the Permanent War Economy,” Stimson Center Issue Brief, December 2, 2024. Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

Power Problems is a bi-weekly podcast from the Cato Institute. Host John Glaser offers a skeptical take on U.S. foreign policy, and discusses today’s big questions in international security with distinguished guests from across the political spectrum. Podcast Hashtag: #FPPowerProblems. Hosted on Acast. See acast.com/privacy for more information.