The Economic Benefits of a Strong US Military, Forward Presence, & International Alliances

Michael Strain

No 18111, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: When considering the benefits of a strong United States military, it is natural to think of the military’s crucial role in protecting Americans from foreign adversaries and providing security and stability around the world. But safeguarding America’s interests at home and abroad offers the nation substantial economic advantages, as well. Properly understood, the US military offers direct and tangible economic benefits to American businesses, workers, and households.

Keywords: national security; defense (search for similar items in EconPapers)
JEL-codes: F52 F53 H56 (search for similar items in EconPapers)
Date: 2025-09
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Citations:

Forthcoming - forthcoming in: Mackenzie Eaglen (ed.), Affording Defense: Investing in American Strength to Confront a More Dangerous World

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