Joseph Eugene Stiglitz is an American New Keynesian economist, a public policy analyst, and a full professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is a former senior vice president and chief economist of the World Bank. He is also a former member and chairman of the Council of Economic Advisers. He is known for his support for the Georgist public finance theory and for his critical view of the management of globalization, of laissez-faire economists, and of international institutions such as the International Monetary Fund and the World Bank.
Lawrence Henry Summers is an American economist who served as the 71st United States Secretary of the Treasury from 1999 to 2001 and as director of the National Economic Council from 2009 to 2010. He also served as president of Harvard University from 2001 to 2006, where he is the Charles W. Eliot University Professor and director of the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School. In November 2023, Summers joined the board of directors of artificial general intelligence company OpenAI.
Dov S. Zakheim is an American businessman, writer, and former official of the United States government. In the Reagan administration, he held various Department of Defense positions. In 2000, Zakheim was a member of "The Vulcans", a group of foreign policy advisors assisting George W. Bush's presidential campaign. From 2001 to 2004 he was Under Secretary of Defense (Comptroller) and Chief Financial Officer of the Department of Defense.
Lawrence B. Lindsey is an American economist and author. He was director of the National Economic Council (2001–2002), and the assistant to the president on economic policy for George W. Bush. Lindsey previously served as a member of the Federal Reserve Board of Governors from 1991 to 1997, nominated to position by President George H. W. Bush. During his time with George W. Bush administration he played a leading role in formulating President Bush's $1.35 trillion tax cut plan, convincing candidate Bush that he needed an "insurance policy" against an economic downturn. He left the White House in December 2002 and was replaced by Stephen Friedman after a dispute over the projected cost of the Iraq War. Lindsey estimated the cost of the Iraq War could reach $200 billion, while Defense Secretary Donald Rumsfeld estimated that it would cost less than $50 billion. The overall cost of the Iraq War has been estimated by the Congressional Budget Office to be approximately $2.4 Trillion.
The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military-related expenditures. The military budget pays the salaries, training, and health care of uniformed and civilian personnel, maintains arms, equipment and facilities, funds operations, and develops and buys new items. The budget funds five branches of the US military: the Army, Navy, Marine Corps, Air Force, and Space Force.
War finance is a branch of defense economics. The power of a military depends on its economic base and without this financial support, soldiers will not be paid, weapons and equipment cannot be manufactured and food cannot be bought. Hence, victory in war involves not only success on the battlefield but also the economic power and economic stability of a state. War finance covers a wide variety of financial measures including fiscal and monetary initiatives used in order to fund the costly expenditure of a war.
The School of International and Public Affairs (SIPA) is the international affairs and public policy school of Columbia University, a private Ivy League university located in Morningside Heights, Manhattan, New York City. It is consistently ranked one of the leading graduate schools for international relations in the world. SIPA offers Master of International Affairs (MIA) and Master of Public Administration (MPA) degrees in a range of fields, as well as the Executive MPA and Ph.D. program in Sustainable Development.
Peter Richard Orszag is the Chief Executive Officer of Lazard.
George W. Bush, the 43rd president of the United States, has elicited a variety of public perceptions regarding his policies, personality and performance as a head of state. In the United States and elsewhere, journalists, polling organizations and others have documented the expression of an evolving array of opinions of President Bush. Time magazine named George W. Bush as its Person of the Year for 2000 and 2004, citing him as the most influential person during these two years.
The economic policy and legacy of the George W. Bush administration was characterized by significant income tax cuts in 2001 and 2003, the implementation of Medicare Part D in 2003, increased military spending for two wars, a housing bubble that contributed to the subprime mortgage crisis of 2007–2008, and the Great Recession that followed. Economic performance during the period was adversely affected by two recessions, in 2001 and 2007–2009.
The following is a partial accounting of financial costs of the 2003 Iraq War by the United States and the United Kingdom, the two largest non-Iraqi participants of the multinational force in Iraq.
Eyes Wide Open is an exhibit created by the American Friends Service Committee (AFSC) observing the American soldiers and marines who died in the Iraq War (2003–2011). It contains a pair of combat boots to represent every American soldier and marine who died in the war, as well as shoes representing Iraqi civilians who lost their lives during the invasion and occupation.
The war on terror, officially the Global War on Terrorism (GWOT), is a global military campaign initiated by the United States following the September 11 attacks and is the most recent global conflict spanning multiple wars. The main targets of the campaign are militant Islamist movements like Al-Qaeda, Taliban and their allies. Other major targets included the Ba'athist regime in Iraq, which was deposed in an invasion in 2003, and various militant factions that fought during the ensuing insurgency. After its territorial expansion in 2014, the Islamic State militia has also emerged as a key adversary of the United States.
The Three Trillion Dollar War is a 2008 book by Nobel Prize laureate Joseph Stiglitz and Harvard Professor Linda Bilmes, both of whom are American economists.
Cost of Conflict is a tool which attempts to calculate the price of conflict to the human race. The idea is to examine this cost, not only in terms of the deaths and casualties and the economic costs borne by the people involved, but also the social, developmental, environmental and strategic costs of conflict. In most cases organizations measure and analyze the economic and broader development costs of conflict. While this conventional method of assessing the impact of conflict is fairly in-depth, it does not provide a comprehensive overview of a country or region embroiled in conflict. One of the earliest studies assessing the true cost of conflict on a variety of parameters was commissioned by Saferworld and compiled by Michael Cranna. Strategic Foresight Group has taken this science to a new level by developing a multi-disciplinary methodology, that has been applied to most parts of the world. A key benefit of using this tool is to encourage people to look at conflict in new ways and to widen public discussion of the subject, and to bring new insights to the debate on global security.
Cecilia Elena Rouse is an American economist who was named as President of the Brookings Institution with an effective date of January 2024. She served as the 30th Chair of the Council of Economic Advisers between 2021 and 2023. She is the first Black American to hold this position. Prior to this, she served as the dean of the Princeton School of Public and International Affairs at Princeton University. Joe Biden nominated Rouse to be Chair of the Council of Economic Advisers in November 2020. Rouse was overwhelmingly confirmed by the Senate on March 2, 2021, by a vote of 95–4. She resigned on March 31, 2023 to return to teaching. On June 28, she was named the 9th President of the Brookings Institution.
Economists for Peace and Security (EPS) is a New York–based, United Nations accredited and registered global organization and network of thought-leading economists, political scientists, and security experts founded in 1989 that promotes non-military solutions to world challenges, and more broadly, works towards freedom from fear and freedom from want for all.
The American Friends Service Committee (AFSC) is a Religious Society of Friends (Quaker) founded organization working for peace and social justice in the United States and around the world. AFSC was founded in 1917 as a combined effort by American members of the Religious Society of Friends to assist civilian victims of World War I. It continued to engage in relief action in Europe and the Soviet Union after the Armistice of 1918. By the mid-1920s it focused on improving racial relations in the U.S., as well as exploring ways to prevent the outbreak of another conflict before and after World War II. As the Cold War developed, it moved to employ more professionals rather than Quaker volunteers, over time attempting to broaden its appeal and respond more forcefully to racial injustice, women's issues, and demands of sexual minorities for equal treatment. They also work for world peace.
The Costs of War Project is a nonpartisan research project based at the Watson Institute for International and Public Affairs at Brown University that seeks to document the direct and indirect human and financial costs of U.S. wars in Iraq and Afghanistan and related counterterrorism efforts. The project is the most extensive and comprehensive public accounting of the cost of post-September 11th U.S. military operations compiled to date.
The 20-year-long War in Afghanistan had a number of significant impacts on Afghan society.
