The $3 Trillion War

Joseph Stiglitz, Misha Glenny

26/02/2008 3:00 pm
,

The $3 Trillion War is a devastating reckoning of the true cost of the Iraq war – quite apart from its tragic human toll – which the Bush administration has estimated at $50 billion, but which Stiglitz and his co-author Bilmes show underestimates the real figure by approximately six times.

Here he exposed the gigantic expenses which have so far not been officially accounted for, including replacing military equipment (being used up at six times the peacetime rate) and also the cost of caring for thousands of wounded veterans for the rest of their lives. Shifting to a global perspective, Stiglitz investigated the cost in lives and damage within Iraq and the Middle East generally. With chilling precision, he calculated 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.

The way we now think about the Iraq war, and about the cost of all wars, has been changed forever.

Joseph Atkins

 

Joseph Atkins is a musical director, composer and arranger. Joseph’s recent credits include the Olivier-nominated Josephine and I (Bush Theatre, London and Public Theater, New York), Not Such Quiet Girls (Opera North and Leeds Playhouse co-production) All I Want is One Night (Manchester Royal Exchange, Wilton’s Music Hall, and 59E59 Theaters New York), Pat Kirkwood is Angry and The Girl I Left Behind Me (59E59 Theaters), Liza Pulman Sings Streisand (The Lyric, Shaftesbury Avene and UK tour) and Berlin Kabaret (Old Fire Station, Oxford and Brighton Fringe). He is composer of song cycles, Carnation for a Song and Sing Before You Speak Again (Young Vic, London) and is co-developing a new musical for the National Theatre Studio. He is a visiting music practitioner for the Globe Theatre’s Higher Education faculty. Joseph trained at New College, Oxford and the Royal Academy of Music.

Misha Glenny

Misha Glenny is an award winning author and journalist who has been working in Eastern and Central Europe for 20 years. A former BBC Central Europe Correspondent, Misha is also the author of The Rebirth of History: Eastern Europe in the Age of Democracy; The Fall of Yugoslavia; and The Balkans: 1804-1999. He is the Founding Director of SEE Change, an NGO which developed cross-border cooperation between multi-ethnic municipalities in Kosovo, Serbia and Macedonia. McMafia: Crime without Frontiers, about the the rise of the shadow economy since the fall of communism and the advent of globalization, will be published in over twenty territories beginning in New York and London in April 2008.

Look