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Paul Krugman Dismisses the Existence of a Military-Industrial Complex

Paul Krugman is a Distinguished Professor of Economics in the Graduate Center of the City University of New York, a columnist for the New York Times, and a leading economist and public intellectual.

  • Melvin A. Goodman
  • CounterPunch

He received a Nobel Prize for his efforts in 2008.

In a column last week, however, Krugman left his economics lane, and argued that President Dwight D. Eisenhower’s “military-industrial complex” no longer existed.

Krugman argued that ‘“military spending is much smaller as a share of the economy than it was” 60 years ago.

He dismissed the “military-industrial complex” as a 60-year-old cliche, and…

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