By Adam Dick | Ron Paul Institute | November 10, 2021

Back when the Soviet Union fell apart, there was much talk of a peace dividend — a big reduction in the United States government’s spending on militarism. The peace dividend did not arrive. Instead, the US government proceeded to spend big on the military and engage in a series of military actions across the world, including, as the dissolution of the Soviet Union proceeded, the US military’s first of two invasions of Iraq.

No Peace Dividend Again