International Man: The war with Iran is dominating the headlines, but what most people aren’t considering is the economics of warfare and what it means in the bigger picture.
When a $35,000 Iranian drone can force the US or Israel to fire interceptors costing millions, what does that say about the economics of modern war, and who really benefits in a conflict defined by that kind of asymmetry?
Doug Casey: War has always been about economics. That’s even truer today because of the huge discrepancy between what the First World can afford and what the Third World can. I believe Iran is using what Muhammad Ali called the rope-a-dope. You mostly…
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