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Economic costs of war

watson.brown.edu

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Re: Economic costs of war

#591
post #410

Earlier quoted context omitted.

It's not (just) about overkill. Nobody else underwrites global free trade, and that's incredibly expensive: https://news.ycombinator.com/item?id=23434640

This argument dissolves under even the lightest scrutiny. Let's assume for a second that there is a dollar amount to "underwriting global free trade" (spurious to begin with). What actually is that dollar amount? Is it 3x more than what we're spending? 10x less? How could we ever know? As it turns out, whatever we are currently spending, that's the amount required. We could double the number of aircraft carriers, nuc…

If I assert that American military spending is wasteful, you implying that I think doubling current spending would still be exactly what's required for freedom is a highly uncharitable interpretation of what I wrote.

Setting that aside, to put it in HN terms: imagine nontechnical people at your company comparing the wildly disproportionate relative costs of two IT projects, but without comparing the relative scopes of said projects. That would make for a poor foundation from which to either justify or criticize existing budget allocations.

That's what happens on HN every single time the subject arises.

'American military budgets are bigger than everyone else's' ergo 'American military budgets are far too big.' But it doesn't logically follow.

Power projection is exponentially more difficult and complex than homeland defense.

Yes, there's waste, and yes, it could be run more efficiently and at a lower cost, but it's worth noting that the other points of comparison (other nations) also contain no shortage of waste, and in some cases proportionally more. And slashing overhead to the absolute bare minimum possible is not the kind of risk management one would prioritize first in a system with an incredibly damaging failure state. (Disclaimer so it's more difficult to misstate my position: I believe that waste that is illegal should be punished criminally, and all other bad-faith waste that is political should be punished politically, and we should consider enacting laws to make such bad-faith waste illegal.)

Meaningful conclusions can't be reached by virtue of looking at relative costs while wrongly assuming you have a working knowledge of what they respectively achieve. This is what non-technical people do to technical people all the time, HN laments it, and then turns around and does it in many other spheres.

The military budgets of most nations are to provide some degree of homeland security, sometimes a little regional policing, and sometimes whatever extra is required to satisfy the political needs of their alliance leader. And tthat's about it.

Nobody else comes remotely close to being able to guarantee that an oil tanker can transit the Strait of Hormuz and sell barrels across the globe to multiple nations which have hated each other for centuries (or longer), and worse: to multiple nations which have competing and conflicting geopolitical imperatives. And it's not just oil, this applies to virtually all (non-sanctioned) nations and goods that aren't manufactured in their nation of consumption, using domestically-sourced materials and processes.

It simply isn't comparable.

It's worth remembering what the world looked like when countries which depended heavily on raw materials and trade developed their military capabilities precisely to secure those things, because without it their survival was in jeopardy. When a nation depends on those things for mere survival, its use of force doctrines eventually evolve resemble those of a cornered animal.

With the notable (and now obsolete) exception of securing an oil supply and the thread of the Soviet Union, the US does not depend on anyone else for its survival.

I think that we have a lot of people either unaware of how things worked prior to 1944, or holding the mistaken assumption that the underpinnings of our global framework exist either by happenstance or as the result of some kind of global enlightenment, as if human nature has finally changed for once.

There's also an implicit assumption made that one merely spends more money to beat other countries at shooting wars, countries which spent less and were therefore ill-equipped to compete. That assumption is reasonable in that it's based on millennia of recorded history, but faulty in that it ignores how the world has worked since 1944.

Yes, the United States has required countries to develop their military capacity sufficient to alleviate relatively minor regional issues (e.g., JSDF), or to create a shared purpose (e.g., NATO), but for the last ~77 years the United States has almost single-handedly created the conditions in which global free trade has been achieved for the first time ever, and the military has been central to imposing the conditions necessary to achieve it.

And before anyone asserts that pirates are a relic of centuries past, or that nations no longer desire to even engage in such tactics, this kind of thing regularly happens even under trade conditions imposed by the world's only superpower:

https://en.wikipedia.org/wiki/Piracy_in_the_21st_century

https://en.wikipedia.org/wiki/List_of_blockades#Modern_era

Re: Economic costs of war

#592
post #565

Earlier quoted context omitted.

> Not everyone wants democracy right now. Have you looked up polls of Afghanistan’s citizens on whether they want a democratic election process, whether they preferred life under the Taliban, etc? They overwhelmingly preferred the state of things under the US’s support and overwhelmingly support democracy. They can’t fight for it because they fear being shot or beheaded by Taliban terrorists. To read their lack of re…

Twenty years of support was not enough? Did they need 100? If it doesn’t work within 2-5 years, it’s not going to work. Cut your losses and run. Maybe there was some support for this in some areas of Kabul, but certainly not in the countryside.

> If it doesn’t work within 2-5 years, it’s not going to work. Cut your losses and run.

That seems very arbitrary. I would say twenty years is not enough, because a longer time period would mean that older, experienced Taliban fighters and organizers would be too old to continue their activities or just dead. It also isn't enough time if we haven't done a good job managing our efforts there, and we needed better leadership and accountability around our efforts to establish the new government and their military (more at https://www.theatlantic.com/ideas/archive/2021/08/how-americ...).

I cannot understand why you think 2-5 years is the magic time to judge an effort like this by. Do you think that's true for everything in life? If a company can't IPO in 2 years they should just cut their losses and run?

> Maybe there was some support for this in some areas of Kabul, but certainly not in the countryside.

What's your evidence for this? Every poll I could find on Google suggests there is broad support for democracy in Afghanistan.

Re: Economic costs of war

#595

Earlier quoted context omitted.

No, education is not the problem. Universities are supposed to be places where different ideas are meant to be discussed openly without fear of persecution. It is easy to criticise ideas that failed after the fact, but that is not the reason to criticise universities or education. We are talking here using a system based of decades of trying different ideas none of which were developed with a guy with grenade launche…

>ideas discussed openly Ive been under a rock for a good while but did not notice you down here. Where the f you been this whole time? You think US universities are the place this happens today? Wow. In the times of woke culture? Teehee

I wrote that they are "are supposed to be" not that they "are" such places. Their current state does not negate the idea. The alternative is no education and no freedom. It is not a good alternative.

Re: Economic costs of war

#596

Earlier quoted context omitted.

I feel like most of the resources needed for healthcare already exist as part of the current system. It's simply a matter of policy and how it's paid for. But I am not an expert and could be missing a key point.

Well, health care services are an ongoing expense. You pay doctors twice a month. Doctors expect to buy new things sometimes, not just "resources that already exist". And it's fine to say "society can afford " in isolation — we obviously have spent the money on the war, we obviously have spent money on health care. It's a question of trade-offs and whether spending money on the war is worth it. And that's really an a…

It's not "society can afford ". It's society has already afforded for the entire duration of this 20 year war. That is not speculation. It also had nothing to do with the money printing during covid or the recent signs of inflation.

Re: Economic costs of war

#597

Earlier quoted context omitted.

No one "lent" us money. It's a fiat currency with a self-imposed limit on new money creation.

> No one "lent" us money. Obviously you have absolutely no idea what you are talking about. BOND. Issued by US government. Is a promise that US will pay back the price of the bond at some predetermined future date and in the meantime it will also be paying interest in regular installments. Others (including other countries) buy US bonds, which finances US spending. You know, whenever there is this big debate about wh…

Posting like this to HN will get you banned, regardless of how competent you are or feel you are. Please read the rules and stick to them: https://news.ycombinator.com/newsguidelines.html.

Re: Economic costs of war

#598

Earlier quoted context omitted.

> No one "lent" us money. Obviously you have absolutely no idea what you are talking about. BOND. Issued by US government. Is a promise that US will pay back the price of the bond at some predetermined future date and in the meantime it will also be paying interest in regular installments. Others (including other countries) buy US bonds, which finances US spending. You know, whenever there is this big debate about wh…

Wow, you are a dick.

Please do not respond to a bad comment by breaking the site guidelines yourself. It only makes things worse.

https://news.ycombinator.com/newsguidelines.html

Re: Economic costs of war

#599
post #598

Earlier quoted context omitted.

Wow, you are a dick.

Please do not respond to a bad comment by breaking the site guidelines yourself. It only makes things worse. https://news.ycombinator.com/newsguidelines.html

You're right dang, sorry. I let my emotion get to me on that one.

Re: Economic costs of war

#600

Earlier quoted context omitted.

Still gotta try, though. Solar is already a great deal cheaper than it was in 2014 when that article was published; by more than 50%, in fact. And there's a new X-Prize for C02 removal. https://en.wikipedia.org/wiki/Cost_of_electricity_by_source#... https://www.xprize.org/prizes/elonmusk There's a number of other pieces of the puzzle that need urgent action. Cleaning up international shipping is a big one which comes…

Cost isn't the issue. It's physics. The paper isn't about economics, it's about the physics, the science. And what they found is that claiming that renewables will do anything at all for atmospheric CO2 concentration is, well, as false a statement as anyone can make. The study including looking at deploying solar and wind world-wide with the most advanced versions of these technologies. They determined that not only…

Well, first, I read a very different conclusion from the paper... They say, for example:

"That realization prompted us to reconsider the economics of energy. What’s needed, we concluded, are reliable zero-carbon energy sources so cheap that the operators of power plants and industrial facilities alike have an economic rationale for switching over soon—say, within the next 40 years."

In other words, it's absolutely an economics question. It's also a policy question: Subsidies and penalties can radically change the economic realities for power plant operators. They're saying it's a very hard road. But notably, their graphs are not delta functions: There's paths between the best case and worst case scenarios, and excellent progress on the renewables front can, indeed, change the direction of the curve. Pulling carbon back to pre-industrial levels absolutely requires active sequestration, though, and there are efforts on that front, though the second law of thermodynamics tells us it's a hard road. But again, some progress is better than none.

Your last 'graf sounds like unmitigated tinfoilhat-ism, I'm sorry to say. We should absolutely expect fluctuations in co2 measurements based on geography and proximity to large volumes of co2-spewing vehicles. There are standards for the calculation of average co2 ppm, which are helpful for knowing the overall state of things, and trends over time.

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