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About the article
Published Online: 2013-05-01
Paper presented at the 6th Defence and Security Economics Workshop, Monday, 14 November 2011 at the Royal Military College of Canada and Defence Management Studies, School of Policy Studies, Queen’s University.
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See studies by Joseph E. Stiglitz and Linda J. Bilmes which estimated the cost at $3 trillion (Bilmes and Stiglitz 2008); the Brown University “Costs of War” study in 2011, which estimated the cost at $3.7 trillion (http://news.brown.edu/pressreleases/2011/06/warcosts); and Joint Economic Committee of the US Congress (2008), which estimated the cost at $3.5 trillion (http://www.cfr.org/iran/war-any-price-total-economic-costs-war-beyond-federal-budget/p14794).
America’s Costly War Machine, Los Angeles Times, Spetember 18, 2011, http://articles.latimes.com/2011/sep/18/opinion/la-oe--bilmes-war-cost-20110918