by Summary:
PPP versus GDP, and other economic factors.Barkley Rosser asserts that the US is militarily superior. That is true on paper, but there is more to war fighting than numbers on paper, especially funds spent. The US no longer has a decisive military advantage over China strategically or tactically, especially if Russia were to get involved logistically. Oh wait, Russia is already involved logistically. Getting involved in a kinetic war with China would be insane. (Game theory, which is big in military analysis, assumes rationality.) EconospeakIs China Now Number One?J. Barkley Rosser | Professor of Economics and Business Administration James Madison University
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Mike Norman considers the following as important:
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PPP versus GDP, and other economic factors.Barkley Rosser asserts that the US is militarily superior. That is true on paper, but there is more to war fighting than numbers on paper, especially funds spent. The US no longer has a decisive military advantage over China strategically or tactically, especially if Russia were to get involved logistically. Oh wait, Russia is already involved logistically. Getting involved in a kinetic war with China would be insane. (Game theory, which is big in military analysis, assumes rationality.) EconospeakIs China Now Number One?J. Barkley Rosser | Professor of Economics and Business Administration James Madison University
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Barkley Rosser asserts that the US is militarily superior. That is true on paper, but there is more to war fighting than numbers on paper, especially funds spent. The US no longer has a decisive military advantage over China strategically or tactically, especially if Russia were to get involved logistically. Oh wait, Russia is already involved logistically. Getting involved in a kinetic war with China would be insane. (Game theory, which is big in military analysis, assumes rationality.)
Econospeak
Is China Now Number One?
J. Barkley Rosser | Professor of Economics and Business Administration James Madison University