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Invading Iraq: Cost of War…

Iraq_war_cost.jpg

Coming months/years would be spent in assessing whether the US administration’s strategy/decisions were worth it. It will be a tough task. Two leading economists seem to have set the agenda for future debate in their book that has attracted media attention. There are lot of questions that arise and deserve convincing, not emotional/ideological, answers.

The Three Trillion Dollar War has been written by Joseph Stiglitz, a Nobel prize-winner in economics, and Linda Bilmes, a budget and public finance expert at Harvard’s Kennedy School of Government.

The Economist reviews it: “The book mixes the patience of an auditor with the passion of a polemicist; it combines forensic intelligence with prosecutorial zeal. This reviewer responded more to its quieter virtues. As the authors say, the book is not just about the big number on the cover. More importantly, ‘by examining the costs, we come to understand better the implications of the war’.” More here…

war cost book cover_1.jpgThe Three Trillion Dollar War: The True Cost of the Iraq Conflict
By Joseph E. Stiglitz and Linda J. Bilmes; Norton; 311 pages; $22.95. Allen Lane; £20
amazon.com

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