Defense spending as a share of the economy dropped significantly during the early 1990s, and that was one of the things, along with other policy changes, that put us back on the path to a balanced budget.
Peter OrszagAbout author
- Author's profession: Economist
- Nationality: american
- Born: December 16, 1968
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As any bank robber can tell you (Nell would say), the best thing to do when running away is not to run. Just walk. Just stroll. A combination of ease and purposefulness is desirable. Then no one will notice you're running. In addition to which, don't carry heavy suitcases, or canvas bags full of money, or packsacks with body parts in them. Leave everything behind you except what's in your pockets. Lightest is best.
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There aren't many such enthusiasts born. The average person is not especially curious about the world. He is alive, and being somehow obliged to deal with this condition, feels the less effort it requires, the better. Whereas learning about the world is labor, and a great all-consuming one at that. Most people develop quite antithetical talents, in fact - to look without seeing, to listen without hearing, mainly to preserve onself within oneself.
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