Insights for Navigating an Uncertain World
“This week, the State Department announced that the World Military Expenditures and Arms Transfers report, which has been published for over 50 years (and is required by law), will no longer be produced. As usual, that provision was buried deep inside the National Defense Authorization Act for FY 2022 under Section 5114(b)(4).
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts