The Three Trillion Dollar War
- The Three Trillion Dollar War
infobox Book
name = The Three Trillion Dollar War
author = Joseph E. Stiglitz
Linda Bilmes
country = United States
language = English
genre = Nonfiction
publisher = W. W. Norton
release_date = 2008
media_type = Print (Hardback)
pages = 192
isbn = ISBN 978-0-39-306701-9
The Three Trillion Dollar War is a 2008 book by Nobel Prize laureate Joseph Stiglitz and Harvard professor Linda Bilmes, both of whom are American economists.
The book examines the true cost of the Iraq War, including many hidden costs. [ [http://www.guardian.co.uk/world/2008/feb/28/iraq.afghanistan Aida Edemariam talks to author Joseph Stiglitz about the true cost of the Iraq war | World news | The Guardian ] ] The book also discusses the extent to which these costs will be imposed for many years to come, paying special attention to the enormous expenditures that will be required to care for very large numbers of wounded veterans. The authors conclude by illustrating the opportunity cost of the resources spent on waging the war.
The main thesis of the book has been criticized by a number of academics, including economist and author John Lott, Richard Zerbe, Associate Dean at the University of Washington School of Public Affairs, and Texas A&M University finance professor Edgar Browing. These academics have disagreed with various of the methodologies used in reaching the $3 trillion figure, including attaching a financial figure to the loss of soldiers' lives, declaring the subsequent rise in global oil prices a direct result of the Iraq War, and their reliance on the controversial "Lancet" surveys to determine the number of Iraqi deaths caused by the war. [ [http://www.foxnews.com/story/0,2933,367259,00.html Is It Really a '$3 Trillion War'?] , John R. Lott Jr., FoxNews.com, June 16, 2008]
External links
* [http://www.threetrilliondollarwar.org/ ThreeTrillionDollarWar.org]
* [http://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/article3419840.ece The Times Online: The three trillion dollar war]
References
Wikimedia Foundation.
2010.
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