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 : The Three Trillion Dollar War: The True Cost of the Iraq Conflict

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Binding: Hardcover
Dewey Decimal Number: 956.704431
EAN: 9780393067019
ISBN: 0393067017
Label: W. W. Norton
Manufacturer: W. W. Norton
Number Of Items: 1
Number Of Pages: 192
Publication Date: March 03, 2008
Publisher: W. W. Norton
Studio: W. W. Norton




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Editorial Review:

Product Description:
The true cost of the Iraq War is $3 trillion—and counting—rather than the $50 billion projected by the White House.

Apart from its tragic human toll, the Iraq War will be staggeringly expensive in financial terms. This sobering study by Nobel Prize winner Joseph E. Stiglitz and Harvard professor Linda J. Bilmes casts a spotlight on expense items that have been hidden from the U.S. taxpayer, including not only big-ticket items like replacing military equipment (being used up at six times the peacetime rate) but also the cost of caring for thousands of wounded veterans—for the rest of their lives. Shifting to a global focus, the authors investigate the cost in lives and economic damage within Iraq and the region. Finally, with the chilling precision of an actuary, the authors measure what the U.S. taxpayer's money would have produced if instead it had been invested in the further growth of the U.S. economy. Written in language as simple as the details are disturbing, this book will forever change the way we think about the war.



Customer Reviews
Average Rating:  out of 5 stars

Rating: 4 out of 5 stars - A must read
Great detailed analysis of the comprehensive cost of this war. 3 trillion is still conservative.



Rating: 5 out of 5 stars - $3 trillion would have been cheap
This book puts forth a lot of numbers and tries to put a price on certain things that should not have to have a price on it: such as the price of a human life. But it needs to happen because obviously this country does not value the lives of its soldiers.

This book backs up the sentiment that veterans feel, that their life, sacrifices and the sacrifices of their family are for not. Stieglitz shows how our disabled veterans even if paid at the maximum rate, will not be compensated ... Read More



Rating: 2 out of 5 stars - The Costs of War - A Flawed Presentation
It's no secret that war is expensive. The question a society at war must ask itself is, Just how expensive is it going to be? And, Is the war worth it? With "The Three Trillion Dollar War", Joseph Stiglitz and Linda Bilmes take a crack at answering these questions with respect to the current conflict in Iraq.

Taking the second question first, Stiglitz and Bilmes stake out their position in the book's very first sentence: "By now it is clear that the US invasion of Iraq was a terrible ... Read More



Rating: 1 out of 5 stars - Is It Really a '$3 Trillion War'?
This is from the news analysis piece that was posted at Fox News on Monday, June 16, 2008 under the title shown above. The links to the sources are in the original piece.

What is the cost of the Iraq and Afghanistan wars? To many, the answer, at least from 2001 through 2007, is $473 billion -- about a quarter of total defense expenditures over those years. It has averaged less than 1 percent of GDP.

$473 billion is probably an underestimate simply because the fighting has ... Read More



Rating: 1 out of 5 stars - Absurd.
The authors have abandoned any reasonable definition of the word "cost" for this book, which is more of a liberal hatchet-job than it is a realistic accounting for the cost of the war.

They have taken every liberty with the concept of "cost" in an effort to paint as negative a picture as possible. The result is book which which is sensational, yet offers no meaningful analysis of the true cost of the war.

In effect, the authors have thrown in everything but the kitchen sink, ... Read More







 






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