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

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

Author: Linda J. Bilmes

Publisher: W. W. Norton & Company

Published: 2008-02-17

Total Pages: 336

ISBN-13: 9780393068085

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The true cost of the Iraq War is $3 trillion—and counting—rather than the $50 billion projected by the White House. Apart from its tragic human toll, the Iraq War will be staggeringly expensive in financial terms. This sobering study by Nobel Prize winner Joseph E. Stiglitz and Harvard professor Linda J. Bilmes casts a spotlight on expense items that have been hidden from the U.S. taxpayer, including not only big-ticket items like replacing military equipment (being used up at six times the peacetime rate) but also the cost of caring for thousands of wounded veterans—for the rest of their lives. Shifting to a global focus, the authors investigate the cost in lives and economic damage within Iraq and the region. Finally, with the chilling precision of an actuary, the authors measure what the U.S. taxpayer's money would have produced if instead it had been invested in the further growth of the U.S. economy. Written in language as simple as the details are disturbing, this book will forever change the way we think about the war.


Book Synopsis The Three Trillion Dollar War: The True Cost of the Iraq Conflict by : Linda J. Bilmes

Download or read book The Three Trillion Dollar War: The True Cost of the Iraq Conflict written by Linda J. Bilmes and published by W. W. Norton & Company. This book was released on 2008-02-17 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The true cost of the Iraq War is $3 trillion—and counting—rather than the $50 billion projected by the White House. Apart from its tragic human toll, the Iraq War will be staggeringly expensive in financial terms. This sobering study by Nobel Prize winner Joseph E. Stiglitz and Harvard professor Linda J. Bilmes casts a spotlight on expense items that have been hidden from the U.S. taxpayer, including not only big-ticket items like replacing military equipment (being used up at six times the peacetime rate) but also the cost of caring for thousands of wounded veterans—for the rest of their lives. Shifting to a global focus, the authors investigate the cost in lives and economic damage within Iraq and the region. Finally, with the chilling precision of an actuary, the authors measure what the U.S. taxpayer's money would have produced if instead it had been invested in the further growth of the U.S. economy. Written in language as simple as the details are disturbing, this book will forever change the way we think about the war.

The Trillion Dollar War

The Trillion Dollar War

Author: Abid Amiri

Publisher:

Published: 2021

Total Pages:

ISBN-13: 9781737040576

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"The Trillion Dollar War is the culmination of an Afghan's personal life story weaved into academic understanding and coupled with professional experience in the field of development. It is written for Afghans, Afghan policymakers, and those in the West and broader international community who truly wish to see Afghanistan progress after more than 20 years of war. This title offers a perspective on how the United States and Afghanistan got where they are and proposes ways to find the economic growth that has until now remained elusive"--


Book Synopsis The Trillion Dollar War by : Abid Amiri

Download or read book The Trillion Dollar War written by Abid Amiri and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Trillion Dollar War is the culmination of an Afghan's personal life story weaved into academic understanding and coupled with professional experience in the field of development. It is written for Afghans, Afghan policymakers, and those in the West and broader international community who truly wish to see Afghanistan progress after more than 20 years of war. This title offers a perspective on how the United States and Afghanistan got where they are and proposes ways to find the economic growth that has until now remained elusive"--

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

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

Author: Joseph E. Stiglitz

Publisher: W. W. Norton & Company

Published: 2008-08-26

Total Pages: 337

ISBN-13: 0393334171

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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.


Book Synopsis The Three Trillion Dollar War: The True Cost of the Iraq Conflict by : Joseph E. Stiglitz

Download or read book The Three Trillion Dollar War: The True Cost of the Iraq Conflict written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2008-08-26 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Trillion Dollar Triage

Trillion Dollar Triage

Author: Nick Timiraos

Publisher: Hachette UK

Published: 2022-03-01

Total Pages: 331

ISBN-13: 0316273074

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The inside story, told with “insight, perspective, and stellar reporting,” of how an unassuming civil servant created trillions of dollars from thin air, combatted a public health crisis, and saved the American economy from a second Great Depression (Alan S. Blinder, former Vice Chair of the Federal Reserve). By February 2020, the U.S. economic expansion had become the longest on record. Unemployment was plumbing half-century lows. Stock markets soared to new highs. One month later, the public health battle against a deadly virus had pushed the economy into the equivalent of a medically induced coma. America’s workplaces—offices, shops, malls, and factories—shuttered. Many of the nation’s largest employers and tens of thousands of small businesses faced ruin. Over 22 million American jobs were lost. The extreme uncertainty led to some of the largest daily drops ever in the stock market. Nick Timiraos, the Wall Street Journal’s chief economics correspondent, draws on extensive interviews to detail the tense meetings, late night phone calls, and crucial video conferences behind the largest, swiftest U.S. economic policy response since World War II. Trillion Dollar Triage goes inside the Federal Reserve, one of the country’s most important and least understood institutions, to chronicle how its plainspoken chairman, Jay Powell, unleashed an unprecedented monetary barrage to keep the economy on life support. With the bleeding stemmed, the Fed faced a new challenge: How to nurture a recovery without unleashing an inflation-fueling, bubble-blowing money bomb? Trillion Dollar Triage is the definitive, gripping history of a creative and unprecedented battle to shield the American economy from the twin threats of a public health disaster and economic crisis. Economic theory and policy will never be the same.


Book Synopsis Trillion Dollar Triage by : Nick Timiraos

Download or read book Trillion Dollar Triage written by Nick Timiraos and published by Hachette UK. This book was released on 2022-03-01 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inside story, told with “insight, perspective, and stellar reporting,” of how an unassuming civil servant created trillions of dollars from thin air, combatted a public health crisis, and saved the American economy from a second Great Depression (Alan S. Blinder, former Vice Chair of the Federal Reserve). By February 2020, the U.S. economic expansion had become the longest on record. Unemployment was plumbing half-century lows. Stock markets soared to new highs. One month later, the public health battle against a deadly virus had pushed the economy into the equivalent of a medically induced coma. America’s workplaces—offices, shops, malls, and factories—shuttered. Many of the nation’s largest employers and tens of thousands of small businesses faced ruin. Over 22 million American jobs were lost. The extreme uncertainty led to some of the largest daily drops ever in the stock market. Nick Timiraos, the Wall Street Journal’s chief economics correspondent, draws on extensive interviews to detail the tense meetings, late night phone calls, and crucial video conferences behind the largest, swiftest U.S. economic policy response since World War II. Trillion Dollar Triage goes inside the Federal Reserve, one of the country’s most important and least understood institutions, to chronicle how its plainspoken chairman, Jay Powell, unleashed an unprecedented monetary barrage to keep the economy on life support. With the bleeding stemmed, the Fed faced a new challenge: How to nurture a recovery without unleashing an inflation-fueling, bubble-blowing money bomb? Trillion Dollar Triage is the definitive, gripping history of a creative and unprecedented battle to shield the American economy from the twin threats of a public health disaster and economic crisis. Economic theory and policy will never be the same.

The Three Trillion Dollar War

The Three Trillion Dollar War

Author: Joseph E. Stiglitz

Publisher: W W Norton & Company Incorporated

Published: 2008

Total Pages: 311

ISBN-13: 9780393067019

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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.


Book Synopsis The Three Trillion Dollar War by : Joseph E. Stiglitz

Download or read book The Three Trillion Dollar War written by Joseph E. Stiglitz and published by W W Norton & Company Incorporated. This book was released on 2008 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Three Trillion Dollar War : The True Cos

Author: Joseph E. Stiglitz

Publisher:

Published: 2008-12-01

Total Pages: 192

ISBN-13: 9780141039442

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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


Book Synopsis Three Trillion Dollar War : The True Cos by : Joseph E. Stiglitz

Download or read book Three Trillion Dollar War : The True Cos written by Joseph E. Stiglitz and published by . This book was released on 2008-12-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Trillion Dollar Revolution

The Trillion Dollar Revolution

Author: Ezekiel J. Emanuel

Publisher: PublicAffairs

Published: 2020-03-03

Total Pages: 415

ISBN-13: 1541797779

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Ten years after the landmark legislation, Ezekiel Emanuel leads a crowd of experts, policy-makers, doctors, and scholars as they evaluate the Affordable Care Act's history so far. In March 2010, the Affordable Care Act officially became one of the seminal laws determining American health care. From day one, the law was challenged in court, making it to the Supreme Court four separate times. It transformed the way a three-trillion-dollar sector of the economy behaved and brought insurance to millions of people. It spawned the Tea Party, further polarized American politics, and affected the electoral fortunes of both parties. Ten years after the bill's passage, a constellation of experts--insiders and academics for and against the ACA--describe the momentousness of the legislation. Encompassing Democrats and Republicans, along with legal, financial, and health policy experts, the essays here offer a fascinating and revealing insight into the political fight of a generation, its consequences for health care, politics, law, the economy-and the future.


Book Synopsis The Trillion Dollar Revolution by : Ezekiel J. Emanuel

Download or read book The Trillion Dollar Revolution written by Ezekiel J. Emanuel and published by PublicAffairs. This book was released on 2020-03-03 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ten years after the landmark legislation, Ezekiel Emanuel leads a crowd of experts, policy-makers, doctors, and scholars as they evaluate the Affordable Care Act's history so far. In March 2010, the Affordable Care Act officially became one of the seminal laws determining American health care. From day one, the law was challenged in court, making it to the Supreme Court four separate times. It transformed the way a three-trillion-dollar sector of the economy behaved and brought insurance to millions of people. It spawned the Tea Party, further polarized American politics, and affected the electoral fortunes of both parties. Ten years after the bill's passage, a constellation of experts--insiders and academics for and against the ACA--describe the momentousness of the legislation. Encompassing Democrats and Republicans, along with legal, financial, and health policy experts, the essays here offer a fascinating and revealing insight into the political fight of a generation, its consequences for health care, politics, law, the economy-and the future.

The United States of War

The United States of War

Author: David Vine

Publisher: Univ of California Press

Published: 2021-09-07

Total Pages: 464

ISBN-13: 0520385683

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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.


Book Synopsis The United States of War by : David Vine

Download or read book The United States of War written by David Vine and published by Univ of California Press. This book was released on 2021-09-07 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Long War

The Long War

Author: David Loyn

Publisher: St. Martin's Press

Published: 2021-09-21

Total Pages: 358

ISBN-13: 1250128439

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Just as U. S. soldiers and diplomats pulled out of Afghanistan, supposedly concluding their role and responsibility in the two-decade conflict, the country fell to the Taliban. In The Long War, award-winning BBC foreign correspondent David Loyn uncovers the political and military strategies—and failures—that prolonged America’s longest war. Three American presidents tried to defeat the Taliban—sending 150,000 international troops at the war’s peak with a trillion-dollar price tag. But early policy mistakes that allowed Osama bin Laden to escape made the task far more difficult. Deceived by easy victories, they backed ruthless corrupt local allies and misspent aid. The story of The Long War is told by the generals who led it through the hardest years of combat as surges of international troops tried to turn the tide. Generals, which include David Petraeus, Stanley McChrystal, Joe Dunford and John Allen, were tested in battle as never before. With the reputation of a “warrior monk,” McChrystal was considered one of the most gifted military leaders of his generation. He was one of two generals to be fired in this most public of commands. Holding together the coalition of countries who joined America’s fight in Afghanistan was just one part of the multi-dimensional puzzle faced by the generals, as they fought an elusive and determined enemy while responsible for thousands of young American and allied lives. The Long War goes behind the scenes of their command and of the Afghan government. The fourth president to take on the war, Joe Biden ordered troops to withdraw in 2021, twenty years after 9/11, just as the Taliban achieved victory, leaving behind an unstable nation and an unforeseeable future.


Book Synopsis The Long War by : David Loyn

Download or read book The Long War written by David Loyn and published by St. Martin's Press. This book was released on 2021-09-21 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just as U. S. soldiers and diplomats pulled out of Afghanistan, supposedly concluding their role and responsibility in the two-decade conflict, the country fell to the Taliban. In The Long War, award-winning BBC foreign correspondent David Loyn uncovers the political and military strategies—and failures—that prolonged America’s longest war. Three American presidents tried to defeat the Taliban—sending 150,000 international troops at the war’s peak with a trillion-dollar price tag. But early policy mistakes that allowed Osama bin Laden to escape made the task far more difficult. Deceived by easy victories, they backed ruthless corrupt local allies and misspent aid. The story of The Long War is told by the generals who led it through the hardest years of combat as surges of international troops tried to turn the tide. Generals, which include David Petraeus, Stanley McChrystal, Joe Dunford and John Allen, were tested in battle as never before. With the reputation of a “warrior monk,” McChrystal was considered one of the most gifted military leaders of his generation. He was one of two generals to be fired in this most public of commands. Holding together the coalition of countries who joined America’s fight in Afghanistan was just one part of the multi-dimensional puzzle faced by the generals, as they fought an elusive and determined enemy while responsible for thousands of young American and allied lives. The Long War goes behind the scenes of their command and of the Afghan government. The fourth president to take on the war, Joe Biden ordered troops to withdraw in 2021, twenty years after 9/11, just as the Taliban achieved victory, leaving behind an unstable nation and an unforeseeable future.

Trillion Dollar Baby

Trillion Dollar Baby

Author: Paul Cleary

Publisher: Biteback Publishing

Published: 2016-09-02

Total Pages: 173

ISBN-13: 1785901303

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For most of its history, the remote and near-Arctic nation of Norway has eked out a marginal existence from fishing, forestry and shipping. That is, until Christmas Eve 1969, when oil was discovered off its southern coast. Rather than squandering the profits (as the UK did with its North Sea oil), when the revenue began flowing, Norway put in place the most robust and visionary framework for extracting maximum benefit from non-renewable resources found anywhere in the world. Less than twenty years after the country began investing in what is now called the Government Pension Fund, Norway has the largest sovereign wealth fund in the world, with assets of US$870 billion. What's more, the fund is on track to hit the US$1 trillion mark by 2020. Not only is every Norwegian now a (krone) millionaire and enjoying the highest standard of living in the world, they will be able to hand down this endowment to their children and grandchildren. Norway's savings strategy means that it has taken a non-renewable resource and turned it into a financial asset that can last long after the oil wealth has been completely exhausted. This is the story of how they did it.


Book Synopsis Trillion Dollar Baby by : Paul Cleary

Download or read book Trillion Dollar Baby written by Paul Cleary and published by Biteback Publishing. This book was released on 2016-09-02 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most of its history, the remote and near-Arctic nation of Norway has eked out a marginal existence from fishing, forestry and shipping. That is, until Christmas Eve 1969, when oil was discovered off its southern coast. Rather than squandering the profits (as the UK did with its North Sea oil), when the revenue began flowing, Norway put in place the most robust and visionary framework for extracting maximum benefit from non-renewable resources found anywhere in the world. Less than twenty years after the country began investing in what is now called the Government Pension Fund, Norway has the largest sovereign wealth fund in the world, with assets of US$870 billion. What's more, the fund is on track to hit the US$1 trillion mark by 2020. Not only is every Norwegian now a (krone) millionaire and enjoying the highest standard of living in the world, they will be able to hand down this endowment to their children and grandchildren. Norway's savings strategy means that it has taken a non-renewable resource and turned it into a financial asset that can last long after the oil wealth has been completely exhausted. This is the story of how they did it.