In November 2010 Secretary of Defense Robert Gates complained that the military cuts outlined by the Bowles-Simpson Deficit Reduction Commission were exercises in “math, not strategy.” Since then, a number of high-profile studies have done the opposite: they have focused on revising the Pentagon’s roles and missions following the end of the war in Iraq and ongoing troop reductions in Afghanistan, and documented the savings that might result from a change in strategy. The authors of three recent studies will discuss and compare their major recommendations. Although these reports differ on the military’s core missions and the force structure those missions may require, they agree that change is needed. Wise strategists must recognize the new fiscal reality and decide to adapt before hard choices are forced upon them.
Featuring Holly Bell, Associate Professor (Business), University of Alaska Anchorage; and Hester Peirce, Senior Research Fellow, Mercatus Center; moderated by Louise C. Bennetts, Associate Director, Financial Regulation Studies, Cato Institute.
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In this issue of Regulation, Jonathan H. Adler and Nathaniel Stewart make the case for property-based fishery management, utilizing territorial or catch-share allocation among fishery participants. Also in this issue, Michael L. Wachter explores the relationship between the much-maligned National Labor Relations Act and the decline in union membership.
April 17, 2014
College Accreditation in the Crosshairs: Panel II: Are the Feds a Threat to Accreditors and Colleges?
April 16, 2014
Latest CommentaryThe president is literally forcing taxpayers, without any legal authorization, to subsidize two out of every three Exchange enrollments.
Latest Blog Post
Timothy Sandefur’s insightful new book documents a vital, forgotten truth: our Constitution was written to secure liberty, not to empower democracy.