Joseph Stiglitz Quotes
The Bush administration has been doing everything it can to hide the huge number of returning veterans who are severely wounded - 17,000 so far including roughly 20 percent with serious brain and head injuries. Even the estimate of $500 billion ignores the lifetime disability and healthcare costs that taxpayers will have to spend for years to come.
Stiglitz, Joseph E., and Linda J. Bilmes. The Three Trillion Dollar War: The True Cost of the Iraq Conflict. W.W. Norton & Company, 2008.
The George W. Bush Administration told Congress and the people of the world that Iraq had developed weapons of mass destruction and were about to deploy them. We invaded Iraq and it turned out that there were no WMD’s in Iraq. No one knows if the all in the administration honestly believed the intelligence, how many doubted it, and how many others suppressed contradictory evidence of which there was much. Some members of the administration wanted an invasion of Iraq for other reasons, personal and economic.
This was true at the time, but WWI which was to come in a year would be the first major war where that was not true. Since then medicine in general and military medicine in particular has kept the incapacitation due to disease much lower than the causalities of battle.
Joseph Eugene Stiglitz is an American economist, public policy analyst, and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is a former senior vice president and chief economist of the World Bank and is a former member and chairman of the (US president's) Council of Economic Advisers. He is known for his support of Georgist public finance theory and for his critical view of the management of globalization, of laissez-faire economists (whom he calls "free-market fundamentalists"), and of international institutions such as the International Monetary Fund and the World Bank.