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The True Cost of the Iraq Conflict
W. W. Norton
March 2008
On Sale: March 3, 2008
192 pages
ISBN: 0393067017
EAN: 9780393067019
Hardcover
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Non-Fiction
The true cost of the Iraq War is $3 trillion—and
counting—rather than the $50 billion projected by the White
House. Apart from its tragic human toll, the Iraq War will be
staggeringly expensive in financial terms. This sobering
study by Nobel Prize winner Joseph E. Stiglitz and Harvard
professor Linda J. Bilmes casts a spotlight on expense items
that have been hidden from the U.S. taxpayer, including not
only big-ticket items like replacing military equipment
(being used up at six times the peacetime rate) but also the
cost of caring for thousands of wounded veterans—for the
rest of their lives. Shifting to a global focus, the authors
investigate the cost in lives and economic damage within
Iraq and the region. Finally, with the chilling precision of
an actuary, the authors measure what the U.S. taxpayer's
money would have produced if instead it had been invested in
the further growth of the U.S. economy. Written in language
as simple as the details are disturbing, this book will
forever change the way we think about the war.
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