Homeland Insecurity
February, 2009
Washington, d.c. With the inauguration on our minds, an essay by David Calleo in World Policy Journal caught our eye: "Heavymilitary spending helps explain America's frequent macroeconomic indiscipline and what has now become a perpetual need for subsidy from the rest of the world. The capacity to attract these subsidies from others depends on America's geopolitical power in general and on the global role of the dollar in particular. In other words, continuing to sustain the power of the U...
