Julia Gledhill discusses the “permanent war economy” and ongoing efforts to increase military spending with John Glaser, host of the Power Problems Podcast at the CATO Institute. She also talks about perverse incentives for defense contractors, the myth that military spending is properly construed as a jobs program, and the lack of strategic thinking in policy debates on how to confront China, among other issues.

Read Julia’s article on “The Ugly Truth about the Permanent War Economy“.