Politics
No European Research Institute Has Studied Economic Impact of Massive Defense Spending Increase
Alexander Mercouris
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"Despite the largest rearmament wave since 1945, not a single major European research institute has produced a study comparing military and civilian multipliers. The silence is not limited to Scandinavia. It is continental. The silence is not accidental. It illustrates that state finance research institutes do not venture into anything that could be critical of the massive uniform group think rearming of Europe."
According to a Transnational Foundation study, no major European economic research institution has analyzed the economic tradeoffs between military and civilian spending despite unprecedented defense budget increases across Europe. Leading institutes in Germany, France, the UK, and Nordic countries have produced no multiplier comparisons, employment studies, or opportunity cost analyses of rearmament, representing what the host characterizes as deliberate suppression of critical economic analysis.
From this episode
Alexander Mercouris