[lbo-talk] The Dollar and the American Language

[Dennis Redmond]

Yoshie Furuhashi wrote:


> How do military and administrative costs of the US empire, measured
> by proportions of GDP, compare with those of the British and other
> empires that it replaced?

The research I've seen on military spending suggests the British spent
around 2-3% of GDP on their military during the 19th century. It's hard to
know what the Dutch and Hapsburg Empires spent - they were far less
monetized economies.

-- DRR