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The Game Theory Of Military Spending

The Game Theory Of Military Spending

FromEconomics Explained


The Game Theory Of Military Spending

FromEconomics Explained

ratings:
Length:
14 minutes
Released:
Sep 8, 2023
Format:
Podcast episode

Description

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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.
Released:
Sep 8, 2023
Format:
Podcast episode

Titles in the series (100)

On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.