The Three Trillion Dollar War: The True Cost Of The Iraq Conflict

The true cost of the Iraq War is $3 trillion―and counting―rather than the $50 billion projected by the White House. Apart from its tragic human toll, the Iraq War will be staggeringly expensive in financial terms. This study by Nobel Prize winner Joseph E. Stiglitz and Harvard professor Linda J. Bilmes examines hidden costs, including replacing military equipment and caring for wounded veterans. The authors also analyze the impact on Iraq and the region and consider what the money could have achieved if invested in the U.S. economy.