Economics of security investments
This week, Scott tried to find out Why the U.S. Gives Foreign Aid to Israel. Considering that this amounts to roughly 3 billion US$ per year, Scott began thinking the issue through:
“When I look at the 25 reasons for funding Israel, I ask myself how many other countries would have an equally impressive list of benefits if we were to toss an extra 3 billion in their direction.
There are indeed many reasons for giving foreign aid to Israel. But no one here even attempted to answer â€œwhy,â€ because doing so requires a comparison to all the relevant alternatives. The 25 so-called â€œreasonsâ€ are merely explanations and benefits. Thatâ€™s little more than the first step to answering why.”
VERY interesting discussion. However – being a german, I can’t comment any further ;)