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re: Would we be as technologically advanced without the Cold War?
Posted on 2/8/18 at 10:07 am to Loungefly85
Posted on 2/8/18 at 10:07 am to Loungefly85
Economists regard military technology as a dead-end investment. Sure, there are spinoffs, but from a pure quality of life standpoint, the money is better spent elsewhere. So, we would probably be less advanced in some areas, but more advanced overall.
Example: We may not be as far along in trauma medicine, but we may have cured cancer.
Example: We may not be as far along in trauma medicine, but we may have cured cancer.
This post was edited on 2/8/18 at 10:09 am
Posted on 2/8/18 at 10:16 am to Jim Rockford
quote:
Economists regard military technology as a dead-end investment. Sure, there are spinoffs, but from a pure quality of life standpoint, the money is better spent elsewhere. So, we would probably be less advanced in some areas, but more advanced overall.
That is highly debated among economists and not settled at all.
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