Adam Smith
1723–1790, Scotland (the Scottish Enlightenment: Kirkcaldy, Glasgow, Edinburgh)
A Trillion and a Half in Other People’s Money
When defence becomes a “one-time generational investment,” the impartial spectator’s first question is not how loud the drums sound, but who, silently, is sending the coins.
A defence minister now presses legislators to grant a record defence budget of $1.5 trillion, presented as a “one-time generational investment” necessary for national security. At the same moment, the chief magistrate temporarily relaxes sanctions upon Russia, also in the name of national security; some legislators threaten to make future defence funds depend upon a more severe posture toward that power. The scene is familiar: a great sum of other people’s money, a high-sounding appeal to safety, and a quarrel not over whether the money shall be spent, but over the exact music to which it shall be marched out the door. It is a costly opera, and the audience is compelled to buy tickets.
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