How does military spending affect the economy?

Military spending is a one area where there is no private solution to replace the public purse, but it does end up impacting the economy. read more

Military spending is a one area where there is no private solution to replace the public purse, but it does end up impacting the economy. Military spending is a one area where there is no private solution to replace the public purse, but it does end up impacting the economy. read more

Like Japan, they basically have no military, because the US is stationed there, so in effect, we are their military, so they have little or no military spending (that would effect the economy). The understanding of Keynesian economics is to understand and answer your question. read more

In effect, they recognized the many ways in which defense research and development can help the broader economy by promoting innovation and new technology. This was clearly true in the past and remains true, albeit at lower relative levels of overall resourcing, today. read more