So the U.S. spends $2 billion per day on military, which is $711 billion per year.
That consists of 47% of the world's spending on military, which is almost how much the rest of the world spends on military COMBINED. Pie Chart of World Military Spendings
If you are interested in drug pricing issues, a book I would recommend is Reasonable RX, by two MIT professors (Temin is one of them)
ReplyDeleteI was actually more surprised about the military spending...but I may take a look at that book - just not sure when :(
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