Sunday, March 25, 2018

The economics of a military draft

In Dr. Daniel Sutter's article he discusses the economics that go along with a military draft. The common assumption was that a draft would reduce the cost of the military but this is a misconception . For one the government still has to pay for the individuals that have been enlisted from the draft. There is also a big trade off because many people who could have a big influence on the economy could end up serving. The article goes on to discuss  the cost and feasibility of a volunteer military from research. Personally I feel it is very unlikely for a draft to occur in our lifetime. However, I think to look at the trade-offs between a draft and the economy is very interesting. http://yellowhammernews.com/economics-of-a-military-draft/

1 comment:

Unknown said...

This is an interesting article because it brings up the debate of military drafts. I agree that it is most likely uncommon that we will have a military draft in our lifetime. Mainly, because people feel so strongly about the United States and our military that we have enough people volunteering as it is. However, if something controversial happens, similar to Vietnam, we may have to enact the draft. This raises an interesting point however, which is, when should the United States intervene in international affairs. However, I agree that a military draft could hurt the economy, because as Michael stated, there will be less people creating activity in the economy. Military spending is very high and while government spending does add to the economy, we would prefer consumers to be consuming, saving, and investing, rather than the government simply spending.