The Three Trillion Dollar War: The True Cost of the Iraq Conflict


Book Description

Reveals massive expenses associated with the Iraq War in a cautionary account that evaluates the war's long-term costs, both financial and human, as well as their consequences to taxpayers.




Three Trillion Dollar War : The True Cos


Book Description

The Three Trillion Dollar War is a devastating reckoning of the true cost of the Iraq war - quite apart from its tragic human toll - which the Bush administration estimated at $50 billion, but which Stiglitz and Bilmes show underestimates the real figure by approximately six times. The authors expose the gigantic expenses which have so far not been officially accounted for, the cost of caring for thousands of wounded veterans for the rest of their lives. The authors investigate the cost in lives and damage within Iraq and the Middle East generally. With chilling precision, they calculate what the money spent on the war would have produced had it been further invested in the growth of the economy, in the US and around the world, and in infrastructure building. Stiglitz and Bilmes write in simple language, which makes the details they present, and the sums they add up, all the more disturbing. This book will change forever the way we think about the Iraq war - and about the cost of war generally. About the Author Joseph Stiglitz was Chief Economist at the World Bank until January 2000. Before that he was Chairman of President Clinton's Council of Economic Advisors. He is currently University Professor of the Columbia Business School and Chair of the Management Board and Director of Graduate Summer Programs, Brooks World Poverty Institute, University of Manchester. He won the Nobel Prize for Economics in 2001 and is the author of the best-selling Globalization and Its Discontents, The Roaring Nineties, and Making Globalization Work, all published by Penguin. Linda J. Bilmes is a Lecturer in Public Policy at Harvard University and has written widely on the cost of the Iraq War, veterans issues, and federal workforce reform. During the Clinton administration, she served as Assistant Secretary for Management and Budget in the U.S. Department of Commerce. Her articles have appeared in the New York Times, Washington Post, Financial Times, Los Angeles Times, Boston Globe,and the Atlantic Monthly. In 1998 she coauthored Gebt uns das Risiko Zuruck (Give Us Back the Risk), a best-seller in Germany. Her forthcoming book (The People Factor) is on civil service reform




The Three Trillion Dollar War


Book Description

Reveals massive expenses associated with the Iraq War in a cautionary account that evaluates the war's long-term costs, both financial and human, as well as their consequences to taxpayers.




The Economic Costs of the Iraq War


Book Description

Three years ago, as America was preparing to go to war in Iraq, there were few discussions of the likely costs. When Larry Lindsey, President Bush's economic adviser, suggested that they might reach $200 billion, there was a quick response from the White House: that number was a gross overestimation. Deputy Defense Secretary Paul Wolfowitz claimed that Iraq could "really finance its own reconstruction," apparently both underestimating what was required and the debt burden facing the country. Lindsey went on to say that "The successful prosecution of the war would be good for the economy." Many aspects of the Iraq venture have turned out differently from what was purported before the war: there were no weapons of mass destruction, no clear link between Al Qaeda and Iraq, no imminent danger that would warrant a pre-emptive war. Whether Americans were greeted as liberators or not, there is evidence that that they are now viewed as occupiers. Stability has not been established. Clearly, the benefits of the War have been markedly different from those claimed. So too for the costs. It now appears that Lindsey was indeed wrong - by grossly underestimating the costs.... The Congressional Budget Office has now estimated that in their central, mid-range scenario, the Iraq war will cost over $266 billion more in the next decade, putting the direct costs of the war in the range of $500 billion. These estimates, however, underestimate the War's true costs to America by a wide margin. In this paper, we attempt to provide a range of estimates for what those costs have been, and are likely to be. Even taking a conservative approach, we have been surprised at how large they are. We can state, with some degree of confidence, that they exceed a trillion dollars.




The Economic Consequences of the Gulf War


Book Description

The Iran-Iraq War were one of the longest and most devastating uninterrupted wars amongst modern nation states. It produced neither victor nor vanquished and left the regimes in both countries basically intact. However, it is clear that the domestic, regional and international repercussions of the war mean that 'going back' is not an option. Iraq owes too much to regain the lead it formerly held in economic performance and development levels. What then does reconstruction mean? In this book, Kamran Mofid counteracts the scant analysis to date of the economic consequences of the Gulf War by analysing its impact on both economies in terms of oil production, exports, foreign exchange earnings, non-defence foreign trade and agricultural performance. In the final section, Mofid brings together the component parts of the economic cost of the war to assign a dollar value to the devastation.




War at Any Price?


Book Description

The long wars in Iraq & Afghanistan have cost the U.S. in many ways. For the U.S. mil., the human toll has been profound. The damage to our internat. reputation has been severe. And the full econ. costs of the war to the Amer. taxpayers & the overall U.S. economy go well beyond even the immense fed. budget costs. The ¿hidden costs¿ of the Iraq war include: the ongoing drain on U.S. econ. growth created by Iraq-related borrowing, the disruptive effects of the conflict on world oil markets, the future care of our injured vets, repair costs for the mil., & other undisclosed costs. This report estimates the total costs of the long war in Iraq to the Amer. economy as a whole. A change in course would bring substantial econ. savings to our country. Illus.




Why Did the United States Invade Iraq?


Book Description

This edited volume presents the foremost scholarly thinking on why the US invaded Iraq in 2003, a pivotal event in both modern US foreign policy and international politics. In the years since the US invasion of Iraq it has become clear that the threat of weapons of mass destruction was not as urgent as the Bush administration presented it and that Saddam Hussein was not involved with either Al Qaeda or 9/11. Many consider the war a mistake and question why Iraq was invaded. A majority of Americans now believe that the public were deliberately misled by the Bush administration in order to bolster support for the war. Public doubt has been strengthened by the growing number of critical scholarly analyses and in-depth journalistic investigations about the invasion that suggest the administration was not candid about its reasons for wanting to take action against Iraq. This volume begins with a survey of private scholarly views about the war’s origins, then assesses the current state of debate by organising the best recent thinking by foreign policy and international relations experts on why the US invaded Iraq. The book covers a broad range of approaches to explaining Iraq – the role of the uncertainty of intelligence, cognitive biases, ideas, Israel, and oil, highlighting areas of both agreement and disagreement. This book will be of much interest to students of the Iraq War, US foreign and security policy, strategic studies, Middle Eastern politics and IR/Security Studies in general.




Shadows of War


Book Description

Annotation This book captures the human face of the frontlines, revealing both the visible and the hidden realities of contemporary war, power, and international profiteering in the 21st century.




Iraq Confidential


Book Description

Scott Ritter is the straight-talking former marine officer who the CIA wants to silence. After the 1991 Gulf War, Ritter helped lead the UN weapons inspections of Iraq and found himself at the center of a dangerous game between the Iraqi and US regimes. As Ritter reveals in this explosive book, Washington was only interested in disarmament as a tool for its own agenda. Operating in a fog of espionage and counter-espionage, Ritter and his team were determined to find out the truth about Iraq’s WMD. The CIA were equally determined to stop them. The truth, as we now know, was that Iraq was playing a deadly game of double-bluff, and actually had no WMD. But to have revealed this would have derailed America’s drive for regime change. Iraq Confidential charts the disillusionment of a staunch patriot who came to realize that his own government sought to undermine effective arms control in the Middle East. Ritter shows us a world of deceit and betrayal in which nothing is as it seems. A host of characters from Mossad, MI6 and the CIA pepper this powerful narrative, which contains revelations that will permanently affect the ongoing debates about Iraq.




The United States of War


Book Description

2020 L.A. Times Book Prize Finalist, History A provocative examination of how the U.S. military has shaped our entire world, from today’s costly, endless wars to the prominence of violence in everyday American life. The United States has been fighting wars constantly since invading Afghanistan in 2001. This nonstop warfare is far less exceptional than it might seem: the United States has been at war or has invaded other countries almost every year since independence. In The United States of War, David Vine traces this pattern of bloody conflict from Columbus's 1494 arrival in Guantanamo Bay through the 250-year expansion of a global U.S. empire. Drawing on historical and firsthand anthropological research in fourteen countries and territories, The United States of War demonstrates how U.S. leaders across generations have locked the United States in a self-perpetuating system of permanent war by constructing the world’s largest-ever collection of foreign military bases—a global matrix that has made offensive interventionist wars more likely. Beyond exposing the profit-making desires, political interests, racism, and toxic masculinity underlying the country’s relationship to war and empire, The United States of War shows how the long history of U.S. military expansion shapes our daily lives, from today’s multi-trillion–dollar wars to the pervasiveness of violence and militarism in everyday U.S. life. The book concludes by confronting the catastrophic toll of American wars—which have left millions dead, wounded, and displaced—while offering proposals for how we can end the fighting.