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.

Reveals massive expenses associated with the Iraq War in a cautionary account that evaluates the war's long-term costs, both financial and human, as well as their consequences to taxpayers.

The Three Trillion Dollar War is a devastating reckoning of the true cost of the Iraq war - quite apart from its tragic human toll - which the Bush administration estimated at $50 billion, but which Stiglitz and Bilmes show underestimates the real figure by approximately six times. The authors expose the gigantic expenses which have so far not been officially accounted for, the cost of caring for thousands of wounded veterans for the rest of their lives. The authors investigate the cost in lives and damage within Iraq and the Middle East generally. With chilling precision, they calculate what the money spent on the war would have produced had it been further invested in the growth of the economy, in the US and around the world, and in infrastructure building. Stiglitz and Bilmes write in simple language, which makes the details they present, and the sums they add up, all the more disturbing. This book will change forever the way we think about the Iraq war - and about the cost of war generally. About the Author Joseph Stiglitz was Chief Economist at the World Bank until January 2000. Before that he was Chairman of President Clinton's Council of Economic Advisors. He is currently University Professor of the Columbia Business School and Chair of the Management Board and Director of Graduate Summer Programs, Brooks World Poverty Institute, University of Manchester. He won the Nobel Prize for Economics in 2001 and is the author of the best-selling Globalization and Its Discontents, The Roaring Nineties, and Making Globalization Work, all published by Penguin. Linda J. Bilmes is a Lecturer in Public Policy at Harvard University and has written widely on the cost of the Iraq War, veterans issues, and federal workforce reform. During the Clinton administration, she served as Assistant Secretary for Management and Budget in the U.S. Department of Commerce. Her articles have appeared in the New York Times, Washington Post, Financial Times, Los Angeles Times, Boston Globe,and the Atlantic Monthly. In 1998 she coauthored Gebt uns das Risiko Zuruck (Give Us Back the Risk), a best-seller in Germany. Her forthcoming book (The People Factor) is on civil service reform

Reveals massive expenses associated with the Iraq War in a cautionary account that evaluates the war's long-term costs, both financial and human, as well as their consequences to taxpayers.

The Iran-Iraq War were one of the longest and most devastating uninterrupted wars amongst modern nation states. It produced neither victor nor vanquished and left the regimes in both countries basically intact. However, it is clear that the domestic, regional and international repercussions of the war mean that 'going back' is not an option. Iraq owes too much to regain the lead it formerly held in economic performance and development levels. What then does reconstruction mean? In this book, Kamran Mofid counteracts the scant analysis to date of the economic consequences of the Gulf War by analysing its impact on both economies in terms of oil production, exports, foreign exchange earnings, non-defence foreign trade and agricultural performance. In the final section, Mofid brings together the component parts of the economic cost of the war to assign a dollar value to the devastation.

In the ninth year of operations since the 9/11 attacks while troops are being withdrawn in Iraq and increased in Afghanistan, the cost of war continues to be a major issue including the total amount appropriated, the amount for each operation, average monthly spending rates, and the scope and duration of future costs. This report analyzes war funding for the Defense Department and tracks funding for USAID and VA Medical funding.

The Iraq war "e; its causes, agency and execution "e; has been shrouded in an ideological mist. Now, Muhammad Idrees Ahmad dispels the myths surrounding the war, taking a sociological approach to establish the war's causes, identify its agents and describe how it was sold. Ahmad presents a social history of the war's leading agents "e; the neoconservatives "e; and shows how this ideologically coherent group of determined political agents used the contingency of 9/11 to overwhelm a sceptical foreign policy establishment, military brass and intelligence apparatus, propelling the US into a war that a significant portion of the public opposed. The book includes an historical exploration of American militarism and of the increased post-WWII US role in the Middle East, as well as a reconsideration of the debates that John Mearsheimer and Stephen Walt sparked after the publication of 'The Israel lobby and US Foreign Policy'.