Discover the "Guns and Butter" economic model, exploring U.S. defense versus social spending and how the balance shapes ...

Defense spending around the world was already on the rise, totaling $2.63T in 2025, and the ongoing war on Iran is expected to push that number even higher. The Trump administration is expected to ...

The idea that defense spending should somehow be a consistent percentage of GDP is as fallacious as it is wasteful. Consider a recent Washington Post editorial. It oddly asserted that “Throughout the ...

The White House on Friday proposed a sweeping fiscal year 2027 budget that would dramatically increase military spending to roughly $1.5 trillion while cutting billions from domestic programs, marking ...

Rising defense spending requires difficult fiscal choices to avoid raising vulnerabilities, while post-war recovery hinges on policies to reduce uncertainty, rebuild capital, and help displaced people ...

Booms in defense spending pose a risk to economies in the medium term, as these expenditures are mainly financed through higher deficits, according to a report from the International Monetary Fund.

Global military spending surged by almost 3% in 2025, fueled largely by ballooning defense expenditures in Europe and Asia, according to a report released Monday by a respected arms watchdog group.