Europe Is Rearming at a Golden Price

Europe has begun a massive rearmament effort, investing hundreds of billions of euros, but risks seeing those resources turn into inefficiencies rather than security. The […]

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War Economy
9/2025
War Economy
The arms industry drains resources from social programs. Economic measures can help shorten conflicts
Donald Trump may dream of a Nobel Peace Prize, but the facts tell another story: conflicts from Ukraine to Gaza are only growing worse. How can we shorten them? Economic sanctions can slow the flow of weapons and military supplies, while the cynical recruitment of Russian soldiers—sent to die at Putin’s command—must be halted. In this context, the West needs to speak plainly: shut the door on dictators and oligarchs, but offer refuge to those fleeing oppressive regimes and refusing to be coerced into the war.

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