Earlier this month, SIPRI (Stockholm International Peace Research Institute) which monitors global military spending, released its latest report. To no one's surprise, the US topped the list, with more spending than the next seven biggest spenders combined. According to
Trump’s Bigly Military-Spending Is Not Enough for this Beltway Think Tank
Despite plans for near-record military spending, the influential American Enterprise Institute claims the US government is underfunding national defense.

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Ryan McMaken
Ryan McMaken is the editor of Mises Wire and The Austrian. Ryan has degrees in economics and political science from the University of Colorado and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.