Cost of Conflicts

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“According to the nonprofit Iraq Body Count Database Project(iraqbodycount.net), between 34,000 and 39,000 Iraqis had died as a result of the conflict by the end of April 2006. While any estimates are controversial, these numbers are actually quite close to theestimate of 30,000 Iraqi casualties that President Bush provided in December 2005. Using the low end of the estimated number of casualties and a VSL calibrated to Iraq’s prewar GDP per capita, the cost of Iraqi lives lost so far tops $150 billion.”

-The Iraq War: The Economic Costs, Milken Institute Review (a quarterly magazine from the Milken Institute, freely available with registration)

Related;
Fiasco, Fiasco II, Fiasco III
Lebanon’s Future- podcast
Iraqis are Chicken
World Peace Through Films? – a must see presentation by Jehane Noujaim at TED conference

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This page contains a single entry by Paul published on August 5, 2006 11:54 PM.

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