Tcf World Podcast

Shownotes The forever costs of America’s war on Iran could disfigure economic life for generations to come, around the world and in the United States. In an earlier era, war spending helped pull the United States out of the Great Depression by pulling unemployed farmers into the cities and retraining them for manufacturing. Even through the Cold War, many Americans viewed war spending as a major driver of high-quality manufacturing jobs and consumer well-being. The war economy since 9/11 has been different. The wars themselves drive antidemocratic currents and undermine well-being even for people, like most Americans, who are far from the battlefields. These wars also undermine economic life in less obvious ways, like incentivizing endless private sector investment in defense rather than more productive industries. Eamon Kircher-Allen joins Order from Ashes to explain the profound distortions of the modern American war economy. Inflation and a possible recession are only the most immediate economic costs of t