About this episode
LinkedIn Jobs helps you find the qualified candidates you want to talk to, faster. Post your job for free at https://www.linkedin.com/ee. Terms and conditions apply.
Is $2.2 trillion per year wasted on the military, or is this massive spending necessary to defend the freedoms we enjoy? In this video we explain why military spending may be a necessary evil using the prisoner's dilemma and reframing some narratives about military spending you may have heard.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Get every episode summarized
Each time Economics Explained publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Economics Explained
Did Pensions Destroy France?
Economics Explained
Sep 9, 202624:14failed
What Is The Net Worth Of The World
Economics Explained
Sep 2, 202630:49pending
Iran's Economy Was Collapsing … And Then The War Started
Economics Explained
Aug 31, 202616:48pending
Where Has Venezuela's Oil Gone?
Economics Explained
Aug 26, 202616:55pending