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The Game Theory Of Military Spending

Author
Economics Explained
Published
Fri 08 Sep 2023
Episode Link
None

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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.
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