Select Page

9/13/19 Ryan McMaken on America’s ‘Underfunded’ Trillion-Dollar Military

Scott talks to Ryan McMaken about the true costs of America’s “national security” state, both in dollars and in secondary effects on the daily lives of Americans. Even though the official number is quite a bit lower, McMaken has estimated the true cost of the U.S. military and intelligence apparatus at close to a trillion dollars per year, since we should be factoring in things like Department of Energy funding that goes to nuclear weapons, medical costs for the VA, and the budgets of Homeland Security organizations. This whole system has other, even more insidious effects, that most people don’t notice, including a general slowing of the economy due to inflation and artificial interest rates, a more dangerous world where America makes enemies by picking fights where it doesn’t have to, and the slow militarization of our entire society.

Discussed on the show:

  • “The Trillion-Dollar Military Still Isn’t Enough for the War Party” (Mises Wire)
  • “Historic Asset Boom Passes by Half of Families” (WSJ)

Ryan McMaken is a senior editor at the Mises Institute. He has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

This episode of the Scott Horton Show is sponsored by: NoDev NoOps NoIT, by Hussein Badakhchani; The War State, by Mike Swanson; WallStreetWindow.com; Tom Woods’ Liberty Classroom; ExpandDesigns.com/Scott; Washinton Babylon; Liberty Under Attack Publications; Listen and Think Audio; TheBumperSticker.com; and LibertyStickers.com.

Donate to the show through Patreon, PayPal, or Bitcoin: 1Ct2FmcGrAGX56RnDtN9HncYghXfvF2GAh.

https://libertarianinstitute.org/scotthortonshow/9-13-19-ryan-mcmaken-on-americas-underfunded-trillion-dollar-military/

Read the original article.

About The Author

The Scott Horton Show from The Libertarian Institute

Scott Horton is director of the Libertarian Institute, editorial director of Antiwar.com, host of Antiwar Radio on Pacifica, 90.7 FM KPFK in Los Angeles, California and podcasts the Scott Horton Show from this website. He’s the author of the 2017 book, Fool’s Errand: Time to End the War in Afghanistan. Visit https://scotthorton.org

Leave a reply

Your email address will not be published.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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Welcome

Bringing together a variety of news and information from some of today’s most important libertarian thought leaders. All feeds are checked and refreshed every hour and pages auto-refresh every 15 minutes. External images are deleted after 30 days.

Time since last refresh: 0 second

Publish Your Own Article

Follow The Libertarian Hub

 

Support Our Work

Support the Libertarian Hub by tipping with Bitcoin!

Weekly Newsletter

Newsletter Signup

Subscribe to our newsletter to receive a weekly email report of the top five most popular articles on the Libertarian Hub!

Weekly Newsletter SignupTop 5 Stories of the Week

Subscribe to our newsletter to receive a weekly email report of the top five most popular articles on the Libertarian Hub!