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Power Problems • January 7, 2025 

# Perverse Incentives in the Permanent War Economy 

Julia Gledhill, Research Associate for the National Security Reform Program at the Stimson Center, discusses the “permanent war economy” and ongoing efforts to increase military spending. She also talks about perverse incentives for defense contractors, the myth that military spending is properly construed as a jobs program, and the lack of strategic thinking in policy debates on how to confront China, among other issues.

**Show Notes**

- Julia Gledhill, “[The Truth about the Permanent War Economy,](https://www.stimson.org/2024/the-ugly-truth-about-the-permanent-war-economy/)” Stimson Center Issue Brief, December 2, 2024.

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This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

![Julia Gledhill](/sites/cato.org/files/styles/author_picture/public/2024-08/Julia%20Gledhill%20Cropped.jpg?itok=65RNUcnG) 

##### Julia Gledhill 

Research Fellow, Stimson Center

![John Glaser](/sites/cato.org/files/styles/author_picture/public/2021-01/John%20Glaser.jpg?itok=-uvxR8zG) 

##### John Glaser 

Host, Power Problems Podcast

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](https://twitter.com/jwcglaser)