"Social vs. Military Spending: How the Pentagon Budget Crowds out Public Infrastructure and Aggravates Natural Disasters—the Case of Hurricane Katrina"

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dc.contributor.author Hossein-zadeh, Ismael
dc.date.accessioned 2006-05-18T15:48:49Z
dc.date.available 2006-05-18T15:48:49Z
dc.date.issued 2006-02-23
dc.identifier.citation http://www.cbpa.drake.edu/hossein%2Dzadeh/papers/ASBBSPaper.htm en
dc.identifier.uri http://hdl.handle.net/2092/374
dc.description Dr. Ismael Hossein-zadeh teaches economics at Drake University, Des Moines, Iowa. en
dc.description.abstract This paper puts forth (and documents) an argument that the escalating military spending at the expense of non-military public spending is steadily undermining the critical national objective of public-capital formation (both physical and human) and that, if not stopped, the resulting trend will stint long term productivity and economic growth, as it erodes both physical and soft/social infrastructure. An equally high opportunity cost of the colossal Pentagon budget in terms of forgone or neglected public infrastructure (roads, bridges, mass transit, dams, levees, and the like) is vulnerability in the face of natural disasters, as evidenced, for example, by the recent devastation of Hurricane Katrina. en
dc.description.sponsorship (This paper was presented at the annual conference of American Society of Business and Behavioral Science, Las Vegas, February 23-25, 2006.) en
dc.format.extent 94984 bytes
dc.format.mimetype application/pdf
dc.language.iso en_US
dc.publisher American Society of Business and Behavioral Science en
dc.subject Armed forces--Appropriations and expenditures. en
dc.subject Militarism--Economic aspects. en
dc.subject Emergency management--United States--Political aspects. en
dc.subject Military-industrial complex--United States. en
dc.subject Hurricane Katrina, 2005. en
dc.title "Social vs. Military Spending: How the Pentagon Budget Crowds out Public Infrastructure and Aggravates Natural Disasters—the Case of Hurricane Katrina" en
dc.type Article en


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