You could hear it on mainstream radio in 1978, courtesy of The Police, and if you're in Britain, you can hear it on the airwaves today, in the music of Birmingham-born MC Lady Leshurr: reggae's influence on British music.
Since civil war reduces the productivity of factors in production, this lowers the. rate of return on investments made in the domestic economy. Further, the destructive eï¬ect of. civil war increases the rate of depreciation. Again, this reduces the rate of return on domestic. investments.
The Note presents a general framework for thinking about how defense spending may affect the civilian economy; describes some specific circumstances in which defense spending may have beneficial consequences for the civilian economy; details some frequently alleged benefits of defense spending that are difficult to credit; and considers ...