Sunday , February 23 2025
Home / John Quiggin / Self-defence economics vs military economics

Self-defence economics vs military economics

Summary:
Yesterday, I gave a presentation to the Canberra Security Economics Network. Central point: *Self-defence is special, military expenditure is not* Spelling this out *The need to defend the country against invasion, air attack or naval blockade involves existential risk Any other use of military power should be assessed in terms of (opportunity) costs and benefits Compared to alternative public or private expenditures Share this:Like this:Like Loading...

Topics:
John Quiggin considers the following as important:

This could be interesting, too:

John Quiggin writes Dispensing with the US-centric financial system

John Quiggin writes How to dispense with Trump’s US

John Quiggin writes Trump has thrown out the global economic playbook. It’s time for Australia to write its own rules

tom writes Germany’s election & why it is important to understand the Ukraine War

Yesterday, I gave a presentation to the Canberra Security Economics Network. Central point:

*Self-defence is special, military expenditure is not*

Spelling this out

*The need to defend the country against invasion, air attack or naval blockade involves existential risk

  • Any other use of military power should be assessed in terms of (opportunity) costs and benefits

Compared to alternative public or private expenditures

John Quiggin
He is an Australian economist, a Professor and an Australian Research Council Laureate Fellow at the University of Queensland, and a former member of the Board of the Climate Change Authority of the Australian Government.

Leave a Reply

Your email address will not be published. Required fields are marked *