Do Your Generals Speak Economics?
Why the military can't fix a broken foreign economy — and possibly shouldn't be asked to.
Why has the United States’ aim to do good in the world so often gone wrong? And if it has done so poorly, should it keep trying? Asking if American meddling in global affairs makes the world a better place is at the heart of this debate. But instead of debating whether the problem is that the United States uses the wrong tools or that its ambitions are too grand, maybe the question should be: What if the United States focused on creating jobs abroad rather than fighting wars?
This week on The E.R., our contributors talk about what the military knows (and doesn’t know) about economics, what government catchphrases actually mean, and whether to believe the myth of the resource curse — and what should be done about it.
Ed Luce is the Financial Times‘ chief U.S. commentator and columnist based in Washington, D.C. Follow him on Twitter: @EdwardGLuce.
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