The Political Economy of War

The Washington Post reports that Saddam Hussain was willing to go into exile just before the invasion for a mere $1 billion.  Assume that Lawrence Lindsey’s $100 billion estimate reflected the administration’s optimistic best guess of the cost of war.  What do you think the administration thought might have been worth more than the $99 billion difference? 

http://www.washingtonpost.com/wp-dyn/content/article/2007/09/26/AR2007092602414.html?sub=AR

2 comments so far

  1. Renegade Eye on

    I was reading some of your bio. Your books are very creative and useful.

  2. mperelman on

    Thank you very much.


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