Over at ABC News, Devin Dwyer and Luis Martinez report that the first week of the U.S. intervention in Libya has cost at least $600 million. According to their sources, the most costly items include 191 Tomahawk cruise missiles – $269 million F-15E fighter – $60 million+ Fuel for jets and ships Other munitions Other [...]
Posts Tagged ‘Afghanistan’
ABC: First Week in Libya Costs At Least $600 Million
Posted in Budget, tagged Afghanistan, Budget, Defense, Iraq, Libya on March 29, 2011 | 4 Comments »
How Do Entrepreneurs Operate in Afghanistan?
Posted in International, tagged Afghanistan, Entrepreneurship, Incentives, International, Transaction Cost Economics on November 26, 2010 | 4 Comments »
“Uncertainty, not insecurity, is the fundamental problem for business” in Afghanistan according to a new study by Jake Cusack and Erik Malmstrom at the Center for a New American Security (ht: Zach W.). In “Afghanistan’s Willing Entrepreneurs: Supporting Private-Sector Growth in the Afghan Economy,” they report: In national surveys, insecurity ranks at the top of [...]
Expeditionary Economics
Posted in International, Macroeconomics, tagged Afghanistan, Defense, Development, Haiti, Iraq on June 20, 2010 | 3 Comments »
The U.S. military is now a major player in economic development. In Iraq and Afghanistan, for example, economic stabilization is a core tenet of its counterinsurgency strategy. Which makes good sense, in theory, but raises a troubling practical question: does the military actually know anything about economic stabilization and development? In a recent essay in [...]
Vuvuzelas, Afghanistan, and Fannie and Freddie
Posted in Finance, International, Life, tagged Afghanistan, Fannie Mae, Freddie Mac, GSE, Humor, Sports on June 17, 2010 | 1 Comment »
Updates on some previous posts: Some broadcasters are filtering the dreaded vuvuzela. More home filtering advice for the vuvuzela (ht: Alex and Jeff) Yankee fan gets booted for blowing his vuvu (money quote: “I have been tossed from [Yankee Stadium] hundreds of times. Many times I even deserved it. … But this was ridiculous.” Afghanistan’s [...]
Afghanistan and the Resource Curse
Posted in Energy, Environment, International, tagged Afghanistan, Resource Curse on June 14, 2010 | 4 Comments »
Yesterday, the New York Times reported that the United States has identified “vast mineral riches in Afghanistan“: The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government [...]
Good Budget Reads
Posted in Budget, Health, International, tagged Afghanistan, Budget, Defense, Deficit, Health on December 3, 2009 | Leave a Comment »
1. Jeff Frankel tops my National Journal post with nine more ways to trim the deficit. 2. EconomistMom Diane Lim Rogers scores the budget quote of the week: “‘Loosey-goosey’ out, loosey-goosey’ back at ya.“ 3. Bruce Bartlett makes the case for a war tax: “wars financed heavily by higher taxes, such as the Korean War [...]
Opium Economics in Afghanistan
Posted in Teaching, tagged Afghanistan, Drugs, Teaching on October 8, 2009 | 6 Comments »
If you are troubled by opium production in Afghanistan, Jeff Clemens at Harvard has some bad news for you: eradication efforts are doing little to reduce opiate production. (ht: Tyler Cowen at Marginal Revolution). Moreover, to the extent they are having an effect, it’s to drive up prices and thus enrich the farmers who illicitly [...]


